The Financial Services Authority (FSA) has warned adviser businesses they risk mis-selling to consumers, even with the abolition of commission, if they remunerate their staff based on the revenues they earn.
The Financial Services Authority (FSA) has expressed concerns that vertically integrated firms may try to skirt around its adviser charging rules set to be introduced following the Retail Distribution Review (RDR).
A Conservative Peer has criticised fellow politicians for failing to question the Retail Distribution Review (RDR) commission ban and warned of the unintended consequences.
Just 15% of financial advisers are ready for the Retail Distribution Review (RDR), according to research released today.
Aegon has released details of its post-RDR commission pipeline for products on which the advice process is fully completed by 30 December.