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FSA RDR
It’s a pleasant change to think positively about the direction of the protection market and to identify a significant opportunity for advisers.
Novia has launched a reporting and management information system to help advisers with the transition from a commission to fee-based system.
Fund groups have warned the RDR will lead to increased volatility in fund flows and a greater share of assets going to a handful of the larger asset managers.
Other FSA RDR articles
Cazenove has promoted Rob Thorpe to the newly-created head of UK retail position.
Advisers looking to sell out before 2012 will need to ensure their business is RDR-ready to stand a chance of attracting a buyer, says 1st Exchange.
On the tenth anniversary of FundsNetwork, Fidelity managing director of UK defined contribution and retail Gary Shaughnessy talks to Katrina Baugh about what the future holds for the platform.
The IFS School of finance has warned the All Party Parliamentary group on Insurance and Financial Services of a proliferation of "pseudo-regulators".
The recent dismal failure of England's footballers in the World Cup in South Africa seemed to be as a result of both a lack of confidence and commitment, and an absence in understanding of how a result could be achieved.
Advisers may have to fork out up to £175 every year to cover the cost of renewing the FSA's proposed Statement of Professional Standing (SPS) certificate.
The cost to advisers of obtaining a mandatory ‘statement of professional standing’ (SPS) certificate and completing their qualification gap-fill requirements by 1 January 2013 could hit £595 each, the FSA estimates.
The FSA's plans to overhaul regulations governing investment advice will spark a boom in the use of ETFs in the UK, according to BlackRock.
Professional bodies accredited by the FSA to check advisers' qualifications and CPD will not have the power to regulate individuals, the watchdog says.
The FSA has published the final list of authorised qualifications retail investment advisers can take to ensure they meet RDR requirements before 1 January 2013.
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