RDR

Sesame is urging the FSA to conduct a full cost benefit analysis of the RDR, amid fears many adviser businesses will become unprofitable due to the regulatory burden.

Polarised opinions focused on the benefits of fees and commission risk damaging the industry and consumers, according to Cofunds's Alistair Conway.

Separating lucrative customers from the unprofitable will form the centerpiece of advisers' survival strategies in the build up to 2012, a white paper suggests.

AXA is withdrawing initial commissions on its group pensions as part of changes to its pensions business model.

Roger Edwards talks to Paul Robertson about the current concern providers have over the lack 
of advice requested since the latest CI product was introduced.

In light of the FSA's proposed regulatory fee increases for IFAs, do you think that advisers should have more input with the regulator on rules affecting their business? Should they be represented on the board?

The RDR will only improve outcomes for wealthy customers who already use financial advice services, according to Aegon.

The FSA's proposed capital adequacy regime punishes firms which are attempting to move towards the post-RDR business model, according to the Institute of Financial Planning (IFP).

Sesame has defended itself against accusations networks are not doing enough to help members reach the Level 4 qualifications required under the RDR.

Advisers will have to wait until the middle of next year before knowing for sure how to attain the qualifications required to continue practising beyond 2012, the FSA says today.