I had to smile when I heard from a product provider last week that some advisers are struggling with a few basic elements of RDR.
One advisory firm apparently submitted client applications with the ‘adviser charging’ section crossed out and replaced with the words ‘3% commission’. A member of the admin team picked up the ‘mistake’...
Calling for 'imaginative and creative' approach to negotiations
Plans for transitional 'standstill' deal
Concerns over ballooning debt
Janus Henderson recruits Columbia Threadneedle's fixed income head Cielinski amid bond team restructure
Cielinski joining firm on 1 November