RDR

Boutique fund managers suffered a marked slowdown in growth ahead of the Retail Distribution Review (RDR) as investors flocked to trusted brand names, according to new research from the IMA.

The Investment Management Association (IMA)'s 11th annual Asset Management Survey, released earlier this week, said the Retail Distribution Review (RDR) has had several unintended consequences for the fund management industry.

The majority of advisers are positive on the impact the retail distribution review (RDR) will have on consumer confidence, while many have said there are signs it has already started to improve.

Aviva Investors is soft-closing its US Equity Income fund in early October, just over two years after inception, and plans to launch a new fund to meet growing investor demand for the strategy.

BIG INTERVIEW

John Porteous, head of wealth management at RSM Tenon, has outlined the three worries keeping him awake at night as he steers the business through a challenging environment for UK financial services post-RDR.

Nearly a third of advisory firms have lost clients as a result of the Retail Distribution Review (RDR), according to research from GfK.

The Financial Conduct Authority has published the results of the first stage of its three-pronged review into firms' compliance with new rules following the RDR.

The Financial Conduct Authority (FCA) is conducting a three-stage thematic review to assess firms' overall approaches to changes following the Retail Distribution Review (RDR).

The Financial Conduct Authority (FCA) says firms are mostly adapting well to changes introduced following the Retail Distribution Review (RDR), but it has uncovered some problems, including firms describing themselves as independent but in fact choosing...