Hector Sants, chief executive of the Financial Services Authority (FSA), has admitted accountability issues with parliament and apologised for ill-feeling caused by the FSA's refusal to delay the retail distribution review (RDR).
Perspective Financial Group's Julie Hepworth looks at the implications of accredited bodies taking differing approaches to adviser qualifications.
In the second of two articles ahead of his upcoming talk at the Institute of Financial Planning (IFP) conference, Dan Sullivan discusses what the RDR means for the future of financial advisers
The advisory industry is backing calls for firms to be permitted to receive commission from ‘legacy' products until 2018 - five years longer than the FSA intends.
Personal pension 'churning' for higher commissions is still occurring among IFAs, according to a report published today which has been discredited by the trade body representing independent practitioners.
The Institute of Financial Planning (IFP) and the Chartered Insurance Institute (CII) have been named among six organisations that will operate as accredited bodies under the FSA's new training and competence regime.
Couldn't make it to the PIMS conference last week? Don't worry, IFAonline brings you the best better business tips from the boat. First up, will your investment process stand up to scrutiny by the FSA or the courts?
IFAs have been warned of sales practices by some providers of unregulated collective investment schemes (UCIS) who are wrongly telling advisers they must recommend their products to remain independent.
I watched every minute of the two hour web cast and found it highly illuminating and educational. I think it gave a very valuable insight into the mind set and attitudes of the Regulator.
Nick Plumb, IFA at Bright Financial Planning Ltd in Sudbury, vents his spleen on the RDR.