FSA chief executive Hector Sants insists the regulator is considering the Treasury Select Committee's recommendations on the RDR, following an angry letter from TSC chairman Andrew Tyrie.
One says 'yes', the other 'no': Financial Escape's Phil Castle and Old Mill's Simon Cole debate the call for a one-year delay to RDR.
The Financial Services Authority has fined insurance intermediary Willis Ltd £6.9m for anti-bribery and corruption systems and controls failings.
The chairman of the Treasury Select Committee (TSC) has criticised the FSA's "pre-emptory" response to its report into the Retail Distribution Review (RDR), which called for a one-year delay to RDR implementation.
Professional Adviser took to the streets of London to canvass opinion on financial advice reform. First question: What is RDR?
Isle of Man-based Premier Group's ‘recycling' fund celebrates its third anniversary by announcing total returns in excess of 40%. The New Earth Solutions Recycling Facilities Investment Sub Fund has raised £70.7m since it was established back in 2008....
Friends Provident International (FPI) has found that investor confidence in Singapore and the UAE is riding on a crest of optimism.
Speaking out on the recent developments within the European ETF market, Valérie Baudson, Managing Director of ETFs with Amundi, said that identifying the risks to which ETFs are exposed is one way to ensure investors avoid them.
Highly-qualified IFAs are calling on the FSA to heed MPs' calls to delay the RDR for 12 months so they can adapt their businesses in time to swerve a potential mass market advice gap.
So far in 2011 there have been more than 200 exchange-traded products launched which brings the ETF line-up close to the 1,300 mark. Over the last few years, the exposure accessible through ETFs has become increasingly ‘granular', says ETF Database.