RDR

The number of previously-advised customers who no longer have a financial adviser following widespread regulatory changes may be as large as five million, a report suggests.

Network and support services operator Tenet has warned that most advisers will fall into the remit of the consumer credit licence, meaning they will need to obtain one before the Financial Conduct Authority (FCA) takes over regulation of the market in...

"Independence is a state of mind - you just need to keep an open mind and consider all the options", the Financial Conduct Authority (FCA) said as it summed up the findings of its latest post-Retail Distribution Review (RDR) research.

Being part of a network could actually cost advisers their livelihood, writes Sheriar Bradbury

The vast majority of IFAs are acting within the guidelines of independence as laid down following the Retail Distribution Review (RDR), a study by the regulator suggests.

The Financial Conduct Authority (FCA) has published a guidance document detailing its supervisory approach to firms of all sizes in an attempt to give firms "everything they should know about how we will supervise them".

Advisers are responding to the regulator's focus on advice bias caused by remuneration packages by adapting their business models, LEBC research and compliance director Peter Shelton has said.

New Model Business Academy chief executive Lee Travis on being invited to No 10 to talk about the importance of apprentices in financial services.

The outlook for the financial services sector is seen to be improving as a consequence of the Retail Distribution Review (RDR), but most advisers report protection sales continue to lag following its introduction.

Standard Life is investigating placing a ban on adviser charging in connection with workplace pensions following discussion with the Financial Conduct Authority.