The Financial Services Authority (FSA) has admitted it still has plenty of work to do on educating the public on the Retail Distribution View (RDR), but said advisers will also have to play their part in explaining the changes to the market.
The abolition of protected rights from pension saving will make setting up flexible drawdown easier and quicker for advisers, providers have said.
Two-thirds of IFAs do not account for long-term care within clients' financial planning; according to a survey.
Advisers continue to be confused by the FSA's stance on single platform use, research suggests.
Banks should allow consumers to select the benefits they want with their packaged accounts to help combat mis-selling of the products, Defaqto has said.
Medical insurance brokers have branded Defacto's new private medical insurance (PMI) star ratings as ‘highly dangerous and not in the best interest of customers'.
Charlotte Richards talks to global equity income fund managers about the benefits (and drawbacks) of the new sector classification, and what is driving the performance of their portfolios and dividend growth
Defaqto has released its Star Ratings for private medical insurance (PMI) for the first time.
The overwhelming majority of advisers using platforms are still aiming to remain independent after the implementation of the retail distribution review (RDR), with only a handful looking to retire, it has been suggested.
Almost a third of discretionary fund managers (DFM) cannot deal with direct investments into structured products, according to an analysis of the market.