FSA voices concerns over providers' RDR readiness

FSA supervision director Clive Adamson said improvements had been made in the past three months and that he was confident providers would be ready, but he said there was "still a lot to do". In preparation for RDR implementation at the end of this year, a number of fund groups have unveiled new "RDR-friendly" share classes, while some providers and platforms have revealed more details about their post-2012 charging models. Asked at a Marketforce conference about provider readiness for the changes, Adamson said the regulator was seeing a "mixed pitch". "Back about three months ago, ...