Charles Brasted, who is the Counsel in Hogan Lovells UK & EU Public Law & Policy practice has claimed that industry wide calls for a judicial review on the upcoming RDR would have grounds, however the courts would be likely to provide "wide margin of...
Some groups are warning that the VAT status of adviser charging is to become more complex and may lead to advisers being forced to beat more costs in VAT unless contracts are reviewed....
Nick Cann, the chief executive of the IFP, has claimed that a delay to the implementation of the retail distribution review by another year will send out the wrong message to consumers and indicate that their is a lack of confidence in the method when...
A free seminar is to be held with the aim of helping IFAs to offer independent advice after the RDR takes effect it to be held by the Personal Finance Society on 6th September. The seminar will aim to help IFAs understand the new regulations...
MPs have urged the Financial Services Authority (FSA) to ensure that bank advisers' commit to full adherence to the upcoming RDR rules, as they believe that less scrupulous advisers may not follow the regulations as they should....
Derek Bradley, the chief executive of Panacea, has recently commented on the upcoming RDR. He believes that the changes in regulations will lead to more people buying annuities online. This, in turn, could lead to mis-selling due to consumers lacking the financial planning knowledge required....
The Treasury Select Committee (TSC) has written to the Financial Services Authority (FSA) today to criticise the groups extremely fast response the the TSC's recommendations....
The constant alteration of platform prices and propositions needs to be properly monitored by financial advisers if they are to be properly prepared for the upcoming RDR regulations according to a platform analyst for MarketWatch....
The Financial Services Authority has fined a pair of ex-directors of Alpha 2 Omega (A2O) for widespread compliance failures that saw them fail in their duty of care to their customers. Comprar Dostinex Online Compliance Director Andrew Ruff was fined £28,000 while Managing Director...
The Treasury Select Committee's report on the upcoming Retail Distribution Review (RDR) guidelines is due to be published on Saturday 16th July, according to Nick Davies, press officer for the Commons Select Committee....