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Showing 11 - 20 of 21 results for "Retail Distribution Review"

UK RDR market impacts gathering pace

ALEX DUNNIN  |  FRIDAY, 28 JUN 2013
Four in 10 UK financial advisers believe that, due to the impact of the Retail Distribution Review, within three years they will have closed down, merged or been acquired. The stark results are based on an ongoing survey program by the actionconsulting ...

UK RDR yet to change adviser charging models

ALEX DUNNIN  |  WEDNESDAY, 19 JUN 2013
The UK Retail Distribution Review was launched with much fanfare end last year, but it seems to have had only minor material impact on adviser remuneration methods. A survey of the post-RDR impact released by the Action Consulting Goup (ACG) revealed ...

Industry under-prepared for SuperStream: Bravura

MARK SMITH  |  MONDAY, 22 APR 2013
... technology upgrades after this date. "We've already seen with our UK clients that now they have the Retail Distribution Review out the way they are looking at ways to make their businesses more efficient. We expect Australian businesses to invest further ...

UK adviser reforms drive out 9,400 advisers

ALEX DUNNIN  |  THURSDAY, 28 MAR 2013
The UK's Retail Distribution Review and its push to increase the professionalism of their adviser force has already lead to a 23% collapse in the number of financial advisers. The figures, based on analysis released by the UK Financial Services Authority ...

We'll hunt down commission 'work around': FSA

ALEX DUNNIN  |  FRIDAY, 12 OCT 2012
... be banned in the UK wealth management market from end this year under a raft of reforms known as the Retail Distribution Review (RDR). The RDR is akin to Australia's FOFA reforms but much more onerous, with almost no grandfathering and with a much shorter ...

UK consumers won't pay for advice

ALEX DUNNIN  |  WEDNESDAY, 1 AUG 2012
... particularly in the mass market, are unwilling to pay such [advice] fees," said Andrew Power, lead RDR [Retail Distribution Review] partner at Deloitte. "As a result, the advice gap - the shortfall between the amount of advice required and that provided ...

UK to ban platform payments

ALEX DUNNIN  |  THURSDAY, 28 JUN 2012
... their business model, the FSA said, "In line with the changes introduced on adviser charging in the Retail Distribution Review (RDR), we do not feel that product providers should be able to 'buy' distribution." The FSA acknowledges that the reform would ...

IRESS launches UK wealth management division

RACHEL DAVIS  |  TUESDAY, 15 NOV 2011
... financial advice market is facing a new regulatory regime from 2013 as part of the UK government's Retail Distribution Review (RDR). RDR will require many advisory firms to change their businesses to operate under fee-based service models. These impacts ...

Second generation platform consolidation push

ELISE BURGESS  |  FRIDAY, 30 SEP 2011
... wealth management industry now being forced to update to survive. The Cooper Review and the European Retail Distribution Review are very similar with a move away from commissions and rebates from fund managers to platforms, which is happening in Europe ...

FSA ups ante on advice

ELISE BURGESS  |  FRIDAY, 21 JAN 2011
... education, of which advisers are now required to complete. Recently, the FSA Policy Statement asked the Retail Distribution Review (RDR) demand higher qualifications among financial services employees and greater monitoring systems of advisers by firms. ...