RDR - Guiding the Profession
The CII is helping to facilitate debate on all aspects of the various consultation phases of the RDR As the industry's main professional body, the CII seeks to guide the profession through this process and help ensure the result enhances consumer confidence.
What you need to know.
Latest Updates:
On 25 June 2009 the FSA published its RDR Consultation Paper (CP 09/18) setting out the next steps and draft rules on retail distribution of investment products. For the PFS's view on the FSA's latest proposals please see the Press Release. The CII has produced an overview document click here for more information. A document providing a closer look at the Consultation Paper will follow shortly.
On 10 June 2009 the CII and PFS published its fifth membership survey capturing practitioners’ views on the RDR. Results show continuing support for the professionalism proposals with more saying they anticipate achieving further qualifications.
On 29 May 2009 the CII published The New Benchmark: A Model Advice Qualification Post-RDR at QCF Level 4
which puts forward a suggested structure for the new Retail Distribution Review (RDR) benchmark qualification (QCF level 4) proposed by the FSA in November 2008. The paper is the third in a series of Papers in Professionalism.
On 6th March 2009 the FSA issued a statement seeking to clarify its intention for the new benchmark qualification at level 4 to deliver a step change in standards of professionalism.
PFS Press Release
PFS Update for Members.