RDR
South African IFAs want more industry support
South African asset management firms and investment service providers need to do more to help make the lives of IFAs easier, a survey from consultancy firm Insight Discovery has found.
Best Practice | 1 Aug 16
South Africa’s advisers need to adapt to RDR model, says KPMG
Financial advisers in South Africa need to adapt their business models to take into account the Retail Distribution Review (RDR), due to be introduced next year, a senior manager at professional services firm KPMG has said.
Tax & Regulation | 20 Jul 16
New FCA chief unconvinced FAMR recommendations will work
UK Financial Conduct Authority chief executive Andrew Bailey has admitted to the government’s Treasury Select Committee that proposals made by the Financial Advice Market Review may not solve the advice gap, which was in part created by the Retail Distribution Review.
Best Practice | 20 Jul 16
South African regulator confirms RDR shelved until next year
South African regulator, the Financial Services Board (FSB), has confirmed that the first phase of the upcoming Retail Distribution Review (RDR), due to be implemented this month, has now been postponed until next year.
Best Practice | 20 Jul 16
Existing financial advice ‘unsustainable’, says S.Africa’s FSB
South Africa’s financial advisory market is unsustainable in its current form and urgently needs the introduction of the upcoming Retail Distribution Review (RDR) regulations, according to the country’s financial services regulator, the Financial Services Board (FSB).