RDR

All the major retail banks and most medium-sized and smaller firms have made "significant" changes to their sales incentive schemes, but concerns over enticements linked to bank investment and protection sales remain, the Financial Conduct Authority (FCA)...

PASSIVE INVESTING

UK platform Skandia has reported profits of £13m in 2013, up from £2m in 2012, after net inflows of over £2bn last year.

The average investment trust discount is now close to the lowest it has been for over 30 years. Tim Cockerill, investment director at Rowan Dartington, asks if the trend is down to RDR.

Zurich Life has blamed a drop in its bond business on the impact of the Retail Distribution Review (RDR) - as it reveals a 42% fall in operating profits.

REGULATION

New data has shown equity funds have been impacted to a far greater extent than bond funds in terms of price following the move to unbundle product fees.

FCA warns on adviser inducements.

The Wealth Management Association has warned the aims of the RDR could be undermined if advisers continue to be given non-monetary benefits.

Need for advice among high-value investors still increasing.