The RDR will introduce a number of changes to the retail investment market. The FSA's aim is to modernise the industry and establish a resilient, effective market, where consumers can have confidence and trust at a time when they need more help and advice.

The FSA has published its final rules in four key areas. These changes will:

• improve the clarity with which firms describe their services to consumers;

• make sure the cost of adviser services is agreed between adviser and client, rather than determined by product providers;

• increase the professional standards of investment advisers; and

• ensure personal investment firms have adequate capital resources for complaint redress.

The next two years will see major changes for all firms that give investment advice. This newsletter aims to help keep them up-to-date with RDR publications and other news, dispel myths, and let them know about other developments.

RDR Newsletter