The UK regulator is seeking input from the industry its proposed approach to reviewing the Retail Distribution Review (RDR) and the Financial Advice Market Review (FAMR).
The Financial Conduct Authority (FCA) review will consider whether these initiatives have been successful in achieving their objectives. The review will look at what consumers want from the market and how the market works to deliver this. It will also consider how new market trends and developments might affect the future development of advice and guidance services. 'The aim of the RDR and FAMR was to help the market develop the right advice or guidance services consumers need to make those dec
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