RDR

MPs have branded the RDR an over-budget ‘fiasco' with a string of unintended consequences, and suggested it needs a re-think before implementation.

The "most arduous" thing qualified advisers are likely to have to do to be RDR compliant by 1 January 2013 is "read a chapter in a textbook", the CII says.

Advisers preparing for the RO6 component of the Diploma in Financial Planning have been offered online support by Zurich UK Life.

Jersey is to adopt its version of UK RDR regulations by 2014, the island's Financial Services Commission (FRC) has confirmed.

Concerns are mounting over the number of orphaned clients post-RDR after the FSA said a customer's new adviser could inherit their existing trail commission.

It is not all bad news you know. Try our weekly round-up of more uplifting stories from this week's IFAonline.

Conservative MP Harriett Baldwin has secured a debate in Parliament on the future of regulation for independent financial advisers.

Treasury minister Mark Hoban has backed the move to fee charging as advisers' contribution to rebuilding trust in Britain's financial institutions.

The role of professional bodies in the run-up to RDR

The government’s review of compulsory annuitisation