The week's news... condensed

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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...

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