FSA dithering could see RDR mothballed - Cicero

That is the view of financial services consulting firm Cicero, which argues that, despite two years of deliberation, many of the outstanding issues of the review are clearly still works in progress. The FSA yesterday declared it was delaying by a month publishing its full feedback statement on the RDR, but said this was to ensure incoming FSA managing director of retail markets Jon Pain has enough time to familiarise himself with the project. “There is still the very clear danger that the RDR could yet run completely into the sand or find itself effectively mothballed as the FSA takes its...