legislation

Victims have lost £43m

New Bill essential to ensure the success of auto-enrolment

Providers must overhaul their direct-to-consumer (D2C) offerings to serve consumers who ditch advice after the Retail Distribution Review (RDR), Deloitte has said.

People have little awareness of the Retail Distribution Review (RDR) despite grasping the importance of financial planning, research has found.

Advisers can service the projected hard to reach middle-market post-Retail Distribution Review (RDR) with a good value proposition, according to Aviva.

Advisers will have a bigger job on their hands after gender equalisation comes into force this year, indicates research.

The Association of Independent Financial Advisers (AIFA) has admitted any proposal in Parliament to reintroduce a 15-year complaints long-stop for financial advisers is unlikely to make it on to the statute books.

Amendments should be made to the Financial Services Bill to ensure the Financial Conduct Authority (FCA) properly promotes UK financial services in the global market, a think tank has said.

The Association of Independent Financial Advisers (AIFA) is still hopeful of more amendments to the Financial Services Bill, including the reintroduction of a long-stop, after the legislation progressed through its latest stage.