RDR

Advisers are taking an increasingly positive attitude towards professionalism, compared to a more sceptical view seen when the Retail Distribution Review (RDR) consultation was first announced.

The outcome of the Retail Distribution Review (RDR) should not matter as advisers must change their business models to succeed anyway, according to transition planner FP Advance.

A total of 95% of IFAs say customer-agreed remuneration (CAR) will be important to future business with solicitors and accountants, according to a Winterthur survey.

A new survey reveals 43% of advisers fear the RDR will have a negative impact on their business.

Brokers are being urged to consider the implications of the Retail Distribution Review (RDR) on the mortgage market.

The Retail Distribution Review (RDR) will cause the financial advice market to become segmented in the next five to ten years, according to Nick Cann, chief executive of the Institute of Financial Planning (IFP).

Consumers could spend an extra £1.1bn on financial products if generic financial advice (GFA) or 'Money Guidance' is introduced, according to the Thoresen Review.

IFAs have come out strongly against Chartered Status being set as the minimum qualification post RDR, FSA managing director Clive Briault told delegates at the Retail Firms Division Conference today.

Towry Law has welcomed Friends Provident's move to abandon initial commission payments for its group personal pension (GPP) products.

The FSA spends too much time and money chastising small firms for the problems facing the financial services industry, and not enough pursuing the biggest culprits: the banks.