RDR

The number of financial adviser has risen slightly in the post-Retail Distribution Review (RDR) years, though has dipped since January, new figures have shown.

Financial Conduct Authority (FCA) chairman John Griffith-Jones said he is glad the Retail Distribution Review (RDR) did not take longer than expected, saying it achieved its aims despite failing to distinguish between guidance and advice.

All seven products providers featured on Sesame's ‘focussed' restricted advice panel have denied breaching the regulator's rules on inducements, after the network was fined £1.6m last week for selling the coveted spots to the highest bidders.

Sesame, the UK's largest network of financial advisers, has been fined £1.6m by the Financial Conduct Authority (FCA) for setting up a pay-to-play scheme that "undermined the ban on commission payments brought in by the Retail Distribution Review (RDR)"....

The Financial Conduct Authority (FCA) has discontinued an investigation into whether a distribution deal between Partnership Assurance and an advisory firm contravened its rules on incentives, according to the provider.

Advisers have overcome the biggest hurdles they were confronted with as a result of the Retail Distribution Review (RDR), according to a poll, with the number reporting they are still in "survival mode" having halved.

Membership of the Personal Finance Society (PFS) has reached more than 35,000, with more than 1,000 people joining in the past year.

Existing case tracking methods for new business are inefficient and a drain of advisers' time. Kerry Nicolaides outlines some alternatives

Advisory firms have successfully adapted to the Retail Distribution Review (RDR) but the cost of regulation remains a massive barrier to development, the Association of Professional Financial Advisers (APFA) has said.

Annual statements would help advisers to sell more protection. Adam Higgs reveals how.