MP Andrew Tyrie, who is the acting chairman of the Treasury Select Committee (TSC), has hit out against the FSA over the handling of MPs' calls for a delay to the upcoming retail distribution review (RDR). They claim the FSA's 'accountability deficit' has been highlighted...
Malcolm Small, who is the acting director of Tax Incentivised Savings Association, has recently claimed in an interview with FTAdviser that the majority of advisory transactions carried out by financial advisers should be exempt from VAT, a view that is apparently supported by the outcome...
IFAs have been warned that they may need to prepare for an advice vacuum once the retail distribution review is put in place, at least if the IT solutions provider Mastek is to be believed....
Over 50% of IFAs are claiming that the upcoming retail distribution review (RDR) will likely push consumers towards self-investment over the course of the next year as they look to escape all of the new regulations....
The Treasury select committee member Andrea Leadsom has warned IFAs who are still looking for a delay in the implementation of the RDR that they would be better off focusing their attentions elsewhere as pressure over the RDR is proving to be quite low on...
A report created by IFA network Openwork has claimed that a delay in the introduction of the retail distribution review could potentially lead to 10% more advisers remaining in the industry rather than quitting it due to being unable to work under the regulations....
A recent report has accused pension advisers and providers of exploiting their customers and treating them unfairly. It claims that this system of exploitation needs to stop if it is to fall in line to the changes that will be made to the financial market,...
An IFA has become the first person to gain the Chartered Bankers Institute’s Diploma in Investment Planning through workplace assessment, marking him out as what should hopefully be the starting point for other advisers to gain the qualification and become RDR compliant....
The former chief executive of Aegon Direct, James Dean, has announced that he is to develop phone-based and online mass-market advice service that he hopes to target squarely at businesses that have lost profitability in the wake of the implementation of the RDR....
The Sesame Bankhall Group (SBG) have announced that they have failed to generate any operating profits over the last six months. They place the blame almost solely on their investment into new technology in addition to their preparing for the RDR transition. The general consensus...