RDR

Osborne Clarke head of regulatory services, Tim Boyce, on why clear communication with clients will be more important than ever following the FSA's platforms policy paper.

Consumers searching online for a fee-charging adviser may miss out as just 2.3% of IFAs advertise themselves as fee-based on their own websites, according to research.

The New Model Business Academy (NMBA) and consultancy firm New Adviser have launched a ‘fast track'programme to help advisers meet the RDR requirements in the 500 days left until 1 January 2013.

Advisers have just 500 days to meet the requirements of the RDR - or face finding another job - before the new rules come into force on 1 January 2013.

Fidelity FundsNetwork has launched an online training service for advisers providing guidance on topics including tax and regulation.

Lyssa Barber of specialist financial recruitment company Allemby Hunt explains the growing importance of a staff retention strategy.

Standard Life champions fee-charging advisers and will invest cash which it previously paid out as commission in the business so it can help IFAs meet customers' needs post RDR, its UK CEO Paul Matthews said.

Advisers who segment their client banks and cull those deemed unprofitable to the business ahead of the RDR may be opening themselves up to more compensation claims, according to Zurich's Richard Howells.

HM Treasury believes simple products by definition should be allowed to be sold without advice.

Lewis Benson is a member of the Aviva Future Adviser Academy. Each week, he shares with Professional Adviser his experiences as he takes his first tentative steps into the world of financial advice…