Financial services review good news for investors.

(From The Journal)

IT goes without saying that investment markets have been extremely volatile over the last two years and people who have seen the value of their savings and investments fall dramatically, would be forgiven for losing faith in the markets, and possibly their advisers too.

Alongside this a number of long running problems have impacted on the quality of financial advice and consumer outcomes to retail investors.

The financial services industry regulator, the Financial Services Authority (FSA), has undertaken a review which will hopefully lead to improvements in industry standards with increased clarity of service for clients, financial adviser remuneration and increased professional standards and qualifications for advisers.

The wealth management department at Dickinson Dees LLP welcomes the changes proposed by the Retail Distribution Review (RDR) which will hopefully lead to vast improvements in the standards within the financial services industry as a whole.

The Retail Distribution Review (RDR) and clarity of service to clients.

When appointing a financial adviser, there are …