The implementation of the RDR was intended to stamp-out bias in the area of investment advice.
Felicity Smith, formerly a manager at Bedlam Asset Management, is launching a global equity income fund for her company, Hempshill Hall Asset Management.
FTSE 100 listed company
US high yield bonds are attractive
Replacement to be announced shortly
Concerns surrounding board independence
Time to become less bullish, says manager
Further work planned following closed book review