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
Read more →The Financial Services Authority (FSA) has voiced concerns that adviser firms are not stress testing the new propositions they will launch in line with the retail distribution review (RDR). The FSA said advisers needed to examine the risks their firms and clients were subjected to because of
Read more →A great opinion piece from Jeff Prestridge in FTAdviser last week. We have snipped together many of the key themes, but would recommend readers view the full article (the relevant link is provided at the bottom of this post): “After much debate, argument and head scratching, the Retail
Read more →A nice bit of digital marketing from the team at Standard Life yesterday using twitter – that demonstrated an all important ability to actively engage with their social media following. Under their handle @sl_adviser they proposed the basic question: Which of these RDR (Retail Distribution Review) areas are you
Read more →Richard Parkhouse has joined the professional advisory firm following the acquisition by PwC of PRPi Consulting, the company he founded. Parkhouse has over 30 years’ experience in human resources consultancy, and focuses particularly on the healthcare, airline, distribution and financial sectors. Prior to PRPi Parkhouse served as
Read more →The CEO of fund management group Jupiter has said the significant disruption facing platform business models in the run-up to implementation of the Retail Distribution Review (RDR) will lead to consolidation in the space. Speaking to Investment Week, Edward Bonham Carter said that, while increased pricing pressure on asset
Read more →M&G ‘s warning on bond fund liquidity set off a bush fire in social media on the 30th and 31st July. Not surprisingly, main stream news articles enjoyed high engagement from readers comments, and social media (in particular) twitter sent the news wide and far. “Investors are
Read more →RSA has confirmed that Cofunds’ head of commercial Russell Lancaster has been appointed as distribution director for its UK commercial business. Mr Lancaster will assume his role in early September and will report to Chris Sime, director of sales and strategic relationships.He will focus on RSA’s distribution
Read more →News of Bestinvest’s list of ‘dog funds’ carried by mainstream media on the 23rd July sparked a widespread response and sharing through social media. The Bestinvest’s list highlights funds that have underperformed their benchmark by 10% or more cumulatively over the last three years. Major fund groups Scottish
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