RDR

Advisers are well positioned to help consumers take responsibility for their financial affairs and understand their personal risk profile, according to Skandia.

Former AIFA deputy director general Fay Goddard is calling on the FSA to ensure terminology used to define the types of financial advice available to consumers is "clear and meaningful".

The FSA has published its RDR feedback statement. Will distinguishing between independent and sales advice, setting minimum qualifications for IFAs and introducing a standard for independent advice ‘reform the investment market' and increase confidence...

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Proposals for firms' capital adequacy (CA) requirements will only favour those "old-style" advisers the FSA and IFP are trying to leave behind, according to threesixty.

Financial advice provision in the UK is likely to suffer following the introduction of the Retail Distribution Review's (RDR) requirements, the FSA's advisory panels have told MPs.

Splitting the term sales from advice is "no more than playing with words", Mike Kellard says.

The debate over the new level of qualifications for advisers post-RDR reached new heights this week as intermediaries voiced their concern and anger about its proposals.

The consolidation of Britain's independent financial advisers will accelerate at record pace as the sector undergoes a radical transformation, experts say.

Financial services firms are backing a 'strong push' towards compulsory continuing professional development (CPD), as supported in the RDR.