RDR

Financial advisers are breaking ranks to defend the controversial blending of sales and advice in the FSA's Retail Distribution Review (RDR).

The Retail Distribution Review's (RDR's) consumer-heavy mantra will impair the financial advice arena before it strengthens it, according to the ifs School of Finance.

Sesame executive chairman Ivan Martin has criticised the FSA's 'sales advice' category proposed in its RDR feedback statement as a "Frankenstein creation".

The FSA admits the combined impact of the RDR and the increased capital requirements for firms may force some investment advisers out of business.

The ifs School of Finance has launched a membership facility for advisers to help them meet the demands arising from the FSA's Retail Distribution Review (RDR).

The Retail Distribution Review (RDR) will drive owners of adviser firms toward an "acquire or be acquired" ultimatum, IFAs say.

Wizard Learning has launched an online audiovisual presentation to condense and simplify relevant information on qualifications following the FSA's Retail Distribution Review (RDR).

The FSA's proposed 'sales advice' category has been described as 'problematic' by the Financial Services Consumer Panel (FSCP).

The FSA's failure to tackle how the Retail Distribution Review (RDR) will apply in the corporate market could prove detrimental to thousands of consumers, Aegon says.

The FSA says it currently sees 'no need' for a read-across of the Retail Distribution Review (RDR) to the mortgage arena, but has refused to rule it out for good.