The week's news... condensed

clock

And five big stories this week were...

The Treasury Select Committee's (TSC) report into the retail distribution review (RDR) came last weekend, but the reaction continued to pour in. TSC chairman Andrew Tyrie also expressed his anger at the speed of the FSA's initial rejection of the proposals to delay RDR implementation, although Hector Sants insisted the regulator is still considering the recommendations. Interesting developments on the Arch Cru front, with the FSCS saying it is still unsure about the IFA liability on advice on the failed funds, while Hector Sants urged investors to drop their fight for 100% compensatio...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

MPs urge one-year delay to farm inheritance tax reforms

MPs urge one-year delay to farm inheritance tax reforms

Cross-party EFRA committee warns proposed IHT changes risk harming vulnerable farmers

Sahar Nazir
clock 16 May 2025 • 2 min read
Behind the advice: The hidden mental health struggles of financial advisers

Behind the advice: The hidden mental health struggles of financial advisers

As Mental Health Awareness Week spotlights wellbeing across industries, advisers speak out

Sahar Nazir
clock 16 May 2025 • 7 min read
IHT on pensions overhaul risks fuelling scams against 'fearful' public

IHT on pensions overhaul risks fuelling scams against 'fearful' public

Claire Trott calls for clarity on 2027 Budget reform that will bring pensions into estate tax scope

Sahar Nazir
clock 16 May 2025 • 3 min read