FSA Retail Distribution Review

It might not have a catchy name, but the Financial Services Authority's Retail Distribution Review (...

It might not have a catchy name, but the Financial Services Authority's Retail Distribution Review (RDR) is one of the most significant initiatives in years as far as financial services in the UK are concerned. Launched in June 2006, it aims to address perceived problems in the market for the distribution of retail investment products. It involves the FSA, the industry and consumer representatives, working together to better understand the root causes of current market inefficiencies, and find solutions that are attractive to both consumers and firms. That does sound quite significant...