9th July 2012
FSCS thought of the day
FSCS thought for the day: An economist is an expert who will know tomorrow why the things he predicted yesterday didn't happen today.
Related Articles_
Axa Wealth: What did the RDR ever do for us?
Schroders' research reveals a significant number of advisers outsourcing their investment process since the RDR – Stuart Podmore examines the findings.
Who is actually responsible for the RDR mass-market advice mess?
It was Sir Callum McCarthy's infamous ‘Gleneagles speech in September 2006’ which laid the groundwork for the overhaul of the UK financial services retail distribution business model, something now referred to as the ‘RDR’.
RDR learnings
At the beginning of August, the ‘You could not make it up” season got well underway with HM Treasury and the FCA launching a review to examine how to plug the advice gap (their own regulatory actions had caused). Well, they missed that last bit out in the announcement.
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