In the second of a series tracking what the consumer press is communicating about the Retail Distribution Review (RDR), we look at what the Sunday Times told readers.
This series follows our round-up of what RDR-related material has appeared so far in the consumer media. You can read that HERE. Death of a salesman In its main piece on the RDR the paper went to town on the industry, explaining how the "rotten system of commissions" was being scrapped, bringing to a screeching halt the "gravy train" for independent financial advisers (IFAs). The piece proceeded to explain the changes, and why the Financial Services Authority (FSA) believed them to be necessary, including examples of how IFAs benefit from the current system. It also predicted tha...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes