RDR

Draft units for qualifications designed specifically to meet proposals in the RDR have been agreed and are set for consultation.

The RDR will ‘empower' IFAs and allow them to take control of their business and its client relationships, according to Ascentric.

Scottish Life is to offer dedicated support to major IFA firm in the London area who have adopted an ‘RDR-style' business model.

Friends Provident has thrown its support behind the introduction of adviser charging in the corporate pensions market.

The Financial Times' David Stevenson

It was difficult to know what to expect when I started the Future Adviser Programme with Aviva. The programme is designed to promote the financial advice profession to university graduates, in anticipation of the current Retail Distribution Review.

The abolition of factoring as part of the RDR is the biggest worry among IFAs, according to a report from NMG Financial Services Consulting.

More than 40 advisers are battling for a single position as competition for IFA jobs intensifies in the recession.

Critics of proposals in the RDR are in danger of losing sight of its chief objective - building consumer trust in the industry, according to Axa Winterthur Wealth Management (AWWM).

Aviva and Prudential are the most likely to gain from consolidation in the UK life assurance industry, according to Deutsche Bank.