Tamara Cizeika, senior regulatory lawyer at Eversheds, sees considerable levels of unintended consequences in the law supporting the UK's Retail Distribution Review (RDR).
European banks are adapting to the effects of the Retail Distribution Review (RDR) ahead of time, according to Nick Phillips, co-head of European distribution for Goldman Sachs Asset Management.
A senior official at the UK Financial Conduct Authority said the regulator sees shortcomings in the way some market participants have responded to the Retail Distribution Review
The UK's Financial Conduct Authority (FCA) is to permit rebates from fund managers to platforms in cash, provided it is passed on to consumers in full in the form of additional units.
The UK wealth management industry is being forced to re-examine its value proposition in light of the implementation of the Retail Distribution Review (RDR) at the beginning of the year, according to a study commissioned by Pershing, a BNY Mellon company....
Investment platform Skandia has criticised plans by the UK Financial Services Authority’s (FSA's) to outlaw rebates on 'legacy' business paid by fund groups to platforms from 2016.
Just one in 10 of UK adults understand the country's Retail Distribution Review, while almost three-quarters, 74%, say they have never heard of it, according to research conducted on behalf of SCM Private's True and Fair Campaign.
Legacy trail commission may create a "moral hazard" in which UK financial advisers encourage investors to stay in investments longer than they should, analysts at Barclays have warned.
F&C Investments has launched the first capital protected RDR-compliant share class in the UK for its Lifestyle range and other multi-manager funds run by Gary Potter and Rob Burdett.
Vanguard Asset Management has launched a new ETF microsite for financial advisers ahead of the deadline for implementing the Retail Distribution Review - which seeks to change the way financial products are sold to the UK retail investor market.