This article includes a great cost insight into the RDR defensive strategies – with Cofunds declaring they will continue investment during 2012 in preparation for the implementation of the retail distribution review (RDR). The funds platform saw expenses increase by more than £9m during 2011, as a
Read more →In a statement, HSBC says the underlying cost of providing banking services in Britain is rising because of changes to the regulatory framework, and mentions the FSA’s RDR as one example of this. The group predicts the RDR will have a “major impact” on its business levels
Read more →