Banks have described as "a plus" an FSA decision not to mandate the wording they will need to use to describe their restricted offering to clients after 2012.
You'd think, wouldn't you, in a week of both the Budget and RDR, it'd be fairly easy to pick the most-read story on IFAonline? So get ready for a surprise…
Reaction to the FSA's consultation paper CP10/8 on pure protection sales by retail investment firms has been positive.
How many RDR-related emails have you received? A lot we're guessing. So, here's a quick-fire definitive guide.
A defiant FSA today says it is confident the RDR will increase consumer access to financial advice despite revealing half of small firms had opposed its adviser charging proposals.
Platforms will not be forced to offer a wider range of investments - some of which may be unsuitable and pose a high-risk, the FSA said today.
There is much of interest in the FSA releases today (26 march). The debate about fund manager rebates will get louder and continue for a couple of months. For those of us who are also interested in protection, the paper 10/8 (Pure protection sales by...
The latest instalment of the FSA's RDR proposals was unveiled today, and recommends that, while there is nothing technically wrong with commission, only the purest of the pure advisers should still be allowed to call themselves ‘independent'.
The FSA has sent out a warning shot for platforms part-owned by fund managers and adviser firms, insisting any conflicts of interest must be clearly disclosed.
Provider-owned advisers will still be able to call themselves independent under new FSA rules, despite criticisms of a conflict of interest.