FSA has published a guide to help firms assess whether they are on track to meet the requirements of the Retail Distribution Review (RDR). The guide addresses in turn the requirements that relate to:
- independent advice; and
- fees and business models.
The guide sets questions for firms to ask themselves, and suggests some possible actions. It also sets out FSA’s “top tips” for firms to follow to help them meet the RDR requirements in time. (Source: FSA Publishes RDR Guide)