MG offsets UK losses
M&G saw outflows of £1.2bn from its UK retail business in the first half of the year after slowing flows into two funds and as a result of RDR implementation.
RDR
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Client confidence up as a result of RDR
The RDR has boosted consumer confidence and has the potential to further improve it, a survey of financial advisers has found.
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Market trouble and RDR dent Brewin assets
Brewin Dolphin reported a year-on-year increase in total income of 14%, following a growth in both fee and commission income.
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RDR drives growth at Parmenion
Parmenion Capital Partners reported an 87% increase in operating profit for the 2012/13 financial year, making £852,000 in the 12 months to end of March.
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Post RDR advice price hike fails to materialise
More than three quarters of financial advisers have not changed their hourly rates following the RDR, research conducted by APFA has revealed.
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when will the fca show its teeth over rdr
This morning, the UK’s Financial Conduct Authority revealed its first review into the implementation of the RDR which found some advisers were claiming independent status when in fact they were offering a restricted choice of products or providers.
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Advisers falsely claiming independence
An early FCA review into the adjustment to RDR shows some advisers continue to describe themselves as independent yet are choosing products from a limited number of providers.
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Nucleus probe ownership model
Nucleus is reviewing the ownership structure of its platform as it could be creating a conflict of interest and be contrary to the requirements of the RDR.
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A call to embrace collaborative advice
It seems many in the adviser community remain downbeat on RDR but, even without the regulator(s) undertaking, wouldn't market forces be pushing us in the direction of change anyway?
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Clients take RDR on the chin
Clients are less concerned about the RDR than advisers as more than double the proportion of advisers remain negative towards the legislation than clients.
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Adviser industry shrinks following RDR
There was a 15% drop in the number of financial advisers following the implementation of the RDR, according to updated figures from the Association of Professional Financial Advisers.
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Investors seek tailored advice
Advisers need to sharpen their offerings and provide a more personal service if they are to remain competitive as investors become increasingly prone to shopping around in the post-RDR world.
