An IFA has claimed a number of providers have agreed to pay him compensation following a raft of "significant" delays and mistakes he believes have been caused by their failure to be ready for a post-Retail Distribution Review (RDR) world.
Financial advisers and regulators around the world are looking to the UK's Retail Distribution Review (RDR) as the model to follow for good practice, according to Phil Billingham.
Restricted adviser network Openwork has posted its first ever profit as a standalone trading company, reversing a loss of more than £13m in 2011.
The Financial Services Authority's (FSA) decision to make advisers that don't consider active investments restricted was a "hallelujah" moment for one Belfast-based adviser.
The Financial Services Authority (FSA) has moved to calm some firms by making clear it will not be analysing adviser charging data to see if it represents "value for money" to customers.