RDR

Incisive Media today launches Adviserhound.com, the industry's first financial find engine designed specifically to cater for the day-to-day business needs of financial advisers.

"If I can buy four yachts from my investments, why should I care if my manager can buy one for himself?"

Fund groups have warned the RDR will lead to increased volatility in fund flows and a greater share of assets going to a handful of the larger asset managers.

Cazenove has promoted Rob Thorpe to the newly-created head of UK retail position.

Our industry is built on innovation and the willingness to support and nurture new ideas.

COMMENT

The new Government has announced plans for a total shake-up of financial services regulation to conclude in 2012, which is also the deadline for IFAs to meet RDR requirements.

INVESTMENT TRUSTS

CONTRARIAN INVESTOR

The FSA could be forced into a major U-turn on platform regulation as the UK's big three providers, with over 80% of total assets, labeled its proposals as "unworkable" in responses to the Discussion Paper.