Rural IFAs 'in jeopardy', MPs told

However financial secretary to the Treasury Mark Hoban defended the FSCS levy and the RDR against the claims, made during a debate in Westminster today. IFAs are "sometimes the only providers of financial advice in small communities", Chris Leslie, Labour MP for Nottingham East, told MPs. He warned the RDR would have a direct impact on the ability for rural communities to access financial advice. Concerns about attaining the new qualification requirements and the abolition of commission "need to be handled far more carefully", he said. Leslie also highlighted the pressure being ...