TITLE

Fit for purpose

AUTHOR(S)
Shalton, Marlene
PUB. DATE
July 2009
SOURCE
Money Marketing;7/2/2009, p32
SOURCE TYPE
Periodical
DOC. TYPE
Opinion
ABSTRACT
In this article the author suggests the need for independent financial advisors (IFAs) to cope with the standards of the retail distribution review (RDR) in Great Britain. The RDR regulation is specifically intended to assure the compliance of IFAs with the financial planning policy and protect the consumers from fraudulent activities of some advisers. Moreover, it also aims to assure the reliability of IFAs in providing high quality help for consumers.
ACCESSION #
43257069

 

Related Articles

  • FOS complaints against IFAs continue to fall. Holt, Natalie // Money Marketing (Online Edition);5/22/2012, p17 

    The article reports that figures from the Financial Ombudsman Service(FOS) show the number of complaints against independent financial advisors(IFAs)has fallen again, but uphold rates remain the same. IFAs now represent just 1 percent of all FOS complaints. It states that proportion of upheld...

  • The custard clause. Marr, Julian // Money Marketing;7/2/2009, p31 

    In this article the author comments on the quality and reliability of the financial services regulations by the Financial Services Industry in Great Britain. The regulation assures the reliability of financial advisers in helping investors make decisions that will help them strive through...

  • ISN critical of 'backdoor' changes. Tyson-Chan, Darin // Money Management;2/8/2007, Vol. 21 Issue 4, p4 

    The article reports on the move of the Industry Super Network (ISN) to submit a proposal to the Australian Department of the Treasury suggesting that financial planners should be made to comply with professional standards similar to that of physicians and lawyers in Australia. According to ISN...

  • Think out of the tick-box. Anand, Bhupinder // Money Marketing;10/19/2006, p49 

    The author reflects on the application of treating customers fairly (TCF) by the Independent Financial Advisers in Great Britain. TCF is a requirement imposed by the Financial Services Authority (FSA). He asserts that TCF process is being commoditised and explains that this influences the...

  • ANALYSIS: Never a better time to ask the experts.  // Fund Strategy (Online Edition);2/7/2011, p14 

    The article focuses on the significant role of financial adviser during recession. The Council of Mortgage Lenders in Great Britain has cited that about 40,000 home owners in 2011 will have their properties repossessed driven by the rise of unemployment. It states that a financial adviser and...

  • MM leader: Do we really need to reinvent the wheel on advice costs? Holt, Natalie // Money Marketing (Online Edition);10/8/2015, p11 

    The article discusses issues pertaining to plans of the financial services industry in Great Britain to create a regulatory safe harbor. The rationale for the decision is that by relaxing the rules for simple transactions, the cost burden to both firms and consumers could be lowered and...

  • Advice equals growth for financial planners. Axelrod, Daniel // Business Journal (Central New York);4/11/2003, Vol. 17 Issue 15, p1 

    Reports on an increase in the business activity of financial planners as more investors are seeking advice due to the uncertainty in the financial markets in the United States. Increase in new client assets recorded by financial advisers over the course of 2001 and early 2002; Move by several...

  • ONE OF AMERICA'S BEST JOBS.  // Wealth Channel Magazine;Spring2013, p23 

    The article reports that financial advisor was ranked number six at CNN Money's "Best Jobs in America" in 2013, which is due to benefits that include job flexibility.

  • MAS market will be IFAs' gain. Holt, Natalie // Money Marketing;6/16/2011, p29 

    The article reports on the assertion of the Money Advice Service (MAS) that the service aims at boosting demand for independent financial advisers (IFAs) and their services rather than compreting with them in Great Britain.

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