RDR

Former AIFA deputy director-general Fay Goddard has been appointed as chief executive of the Personal Finance Society (PFS).

The Personal Finance Society (PFS) is to be reviewed and restructured to accommodate and adapt to changes outlined in the retail distribution review.

Am I the only one who thinks transactional IFAs who rely on initial commission from products such as investment bonds must be feeling more than a little scared?

The post-RDR ‘new world' of financial advice may be perfectly suited to alternative investments like Exchange Traded Funds (ETFs), according to Barclays Global Investors (BGI).

The big question for adviser firms following the release of the RDR interim paper is should they take action now to fit the FSA's revamped vision for retail financial services?

Millions of consumers could miss out on professional financial advice if the FSA's simplified advice and sales model is created, Aegon warns.

Banning payments from manufacturers to distributors, including commission, is not practicable at the present time, the FSA says in its RDR interim report.

The FSA is considering providing incentives for IFA firms who "do the right thing".

The FSA proposes a clear distinction between ‘advice' and ‘sales' in its interim RDR feedback review.

The minimum academic qualification for advice should be QCA level 4, according to the FSA's interim report on the Retail Distribution Review (RDR).