TITLE

Fund firms call for charging rethink in RDR

AUTHOR(S)
Salih, Chris; Stodell, Hannah
PUB. DATE
July 2009
SOURCE
Money Marketing;7/16/2009, p1
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports on the efforts of the fund companies to urge the Financial Services Authority (FSA) to reconsider the consultation paper of the retail distribution review (RDR) in Great Britain. The RDR paper proposed fund managers to do adviser-charging through providing reasonable range for multiple share classes that will back ongoing charges levels. The fund firms believe that the scheme will only create problems on the financial advisers because of its costs and limited applicability.
ACCESSION #
43515958

 

Related Articles

  • Truth and consequences. Lakey, Alan // Money Marketing;11/15/2007, p46 

    The article reflects the author's opinion on the problems in the market of distribution of retail investment products. He talks about incentives to financial advisers for selling retirement pension schemes. The author also mentions about the Retail Distribution Review (RDR) by Great Britain's...

  • Bowe says primary advice will fill gap if RDR hits IFA numbers. York, Nikola // Money Marketing;9/6/2007, p1 

    The article reports on issues related to financial services industry in Great Britain. According to Amanda Bowe, head of the Financial Services Authority's (FSA) retail distribution review (RDR), RDR will likely help boost the market. She claimed that if the number of independent financial...

  • Pledge plea on retro reviews. Love, Bruce // Money Marketing;2/19/2004, p5 

    Reports on independent financial advisers' call to the British Financial Services Authority to reiterate the policy of no retrospective misselling reviews.

  • Clarity case for fund firms over FSA's plaform plans.  // Money Marketing;11/25/2010, p58 

    In this article the author discusses concerns surrounding the financial services industry in Great Britain. She highlights several issues in the Financial Services Authority (FSA) including their distinction of FSA's classification as an administration service. She also highlights several key...

  • Who will launch on the multi-tied?  // Money Marketing;11/25/2004, p8 

    Looks at the depolarization plans of key industry players in response to the publishing of multi-tie rules by the Financial Services Authority of Great Britain. Establishment of closer links by Lighthouse with product providers; Intention of Bankhall to develop its information technology...

  • FSA starts authorisations but many still wait for MTA.  // Money Marketing;9/16/2004, p2 

    The article presents information that Financial Services Authority (FSA) has started to grant some mortgage and IFA networks full authorisation while others have yet to see a minded to authorize letter. Trustguard Credit Services, Purely Mortgages, Presthury Holdings and Professional Mortgage...

  • Myths of the RDR. Tait, Fiona // Money Marketing;3/5/2009, p44 

    The article discusses misconceptions about the retail distribution review (RDR) in the financial services industry in Great Britain. One of these misconceptions is the thinking that professional financial advisers must be compensated by fees everytime a client asks for advice. Another is that...

  • FSA pressed to reveal RDC's decision data. McMillan, Paul // Money Marketing;2/3/2005, p3 

    Reports that the Financial Services Legal is petitioning the British Financial Services Authority under the Freedom of Information Act to reveal the percentage of cases referred to its regulatory decisions committee (RDC) which are upheld by the committee. Aim to determine the number of warning...

  • Aifa wants small firm focus for ombudsman. McMillan, Paul // Money Marketing;8/10/2006, p5 

    The article reports on the separate small firms division required by the Association of Independent Financial Advisors (AIFA) for the Financial Ombudsman Service (FOS) to focus on the particular needs of IFA. The FOS should mirror the Financial Services Authority in setting up a small firms...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics