As the post-RDR charging landscape begins to emerge, it is reasonable to ask whether the FCA has done its job and lowered the cost of investing. Equally, if it has not lowered the cost, then has it at least made it more transparent? In the old model,
Read more →Financial Services Authority data based on figures supplied by product providers reveal an increase in advised sales of retail investment products that pay recurring trail commission ahead of the Retail Distribution Review, according to a statistical release issued today (31 August). While FSA data show an increase
Read more →The FSA has published a new guide to explain how advice is changing under the RDR which removes references to specialist advisers in its definitions of independent and restricted advice. The latest guide, “Financial Advice Changes 1-2-3”, provides more detail about the RDR requirements and follows on
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