From 2013, independent advisers must have a working knowledge of all ‘retail investment products'. There's just one problem: the FSA has been slow to define what they are.
A lack of clarity from the regulator on the definition of a “retail investment product” (RIP) is hampering advisers’ preparations for the Retail Distribution Review (RDR), it has been claimed. In an...
HL and Liberty SIPP slowest
Lifetime and annual allowances
'IFAs bore the brunt'
'Recovery or boom'