08/11/2011 - FSA Delay On Pension RDR Disclosure Rules
FSA Delay On Pension RDR Disclosure Rules.
According to the FSA, they have taken into account the implications for the aims of the policy as well as the implications for firms, but stated complaints must be reported, that arise before the RDR and after an adviser has left the company. The FSA believe that consumer interests will be better protected if firms are required to report complaints irrespective of the date of the advice that caused the complaint.
They have also moved the timetable for implementation of reporting rules on adviser charging to the first reporting date after the RDR, instead of next year.
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