The Financial Services Authority (FSA) says adapting to changes brought about by the Retail Distribution Review (RDR) has been a positive experience for firms. What do you say?
It’s been emotional. Six years after Callum McCarthy first mooted something called the RDR, its proposals are on the cusp of becoming (regulatory) law. Despite noteworthy – we will not say ‘strong’ – evidence to the contrary, the FSA believes adapting to the changes has been a positive experience for firms. “We have been speaking to a number of you to assess how prepared you are and the vast majority of you have told us, or we have verified, that you are on track,” the FSA wrote in its latest RDR newsletter. “Many of you have also told us that implementing the RDR has been a very p...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- 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
