ABI calls for RDR advice to be simplified

Association welcomes retail distribution review but says a simplified advice process is needed

The Association of British Insurers (ABI) said that the retail distribution review (RDR) progress is positive but that a simplified advice process is needed.

Responding to the release of the Financial Services Authority's (FSA) latest consultation papers on the RDR, Maggie Craig, the ABI’s acting director general, said: “We welcome the FSA’s continued emphasis on increasing the professionalism of financial advisers. It is particularly good news for consumers that the FSA will formally

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TBIG invests in Deva

The Broker Investment Group has taken a minority 49% stake in Chester-headquartered Deva Risk Group in its sixth deal of the year.

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