RDR

Financial advisers and brokers will need to introduce more sophisticated systems for managing commission payments in order to comply fully with the outcomes of the Retail Distribution Review (RDR), according to Callidus Software.

Adding new labels to IFAs and adviser services in the RDR will only cloud consumer clarity and confidence, the Investment Management Association (IMA) warns.

The model for financial advice proposed in the Retail Distribution Review (RDR) is too complex and lacks consumer focus, the Financial Services Consumer Panel (FSCP) says today.

The UK Shareholders Association (UKSA) has slammed proposals in the Retail Distribution Review (RDR) saying they do not address the "significant evidence" of poor advice or issues of consumer confidence.

There is a major risk of banks undermining the value of advice because of proposals made in the Retail Distribution Review, warns Ivan Martin, executive chairman of Sesame.

A single professional standards board with 'substantial powers' to punish malpractice should be introduced in the RDR, the CII Group urges.

The relationship between IFAs and their clients is stronger than ever as new research from AIFA shows 30% of clients have been with their adviser for 15 years or more.

Advisers calling for the term ‘independence' to mean whole of market were today told "we hear you" by the FSA, as the regulator announced changes to the RDR timetable.

The Association of Mortgage Intermediaries has called for calm after the FSA hinted the mortgage arena could be in line for an "RDR-style" review of its own.

The FSA has hinted the mortgage advice market could be in line for an "RDR-style" review in the near future.