Remuneration key issue in RDR April interim report

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THE FSA has said that its RDR interim report, due in April, will focus on three key areas: remuneration, professionalism and its proposals for Primary Advice.

Clive Briault, FSA managing director, said the regulator intended to use the report to "play back some of the more promising ideas" taken from industry feedback, as well as to signal where the FSA wanted to gather more evidence and undertake more analysis and discussion. However, he confirmed that all decisions on the industry's future would be held back for a full feedback statement in October. In terms of remuneration, Briault said that the FSA wanted firms to manage how they get paid so that they avoided any conflicts of interest that might otherwise inhibit them from acting in the b...

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