All of these moves only serve to frustrate the aims of the FCA whose aim behind the RDR is to achieve better outcomes for clients.
But these moves are also all attempts to try and retain the old world of rebates and opacity which ultimately works to the detriment of the end investor and as one commentator said in the media – that ship has long since sailed.
Article continues after advert
Bill Vasilieff is chief executive at Novia Financial
Page 2 of 2
