Taking the Retail Distribution Review to Europe

Replicating the RDR

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One effect of the build-up towards the implementation of the UK Financial Services Authority's (FSA) Retail Distribution Review (RDR) has been increased scrutiny in other jurisdictions of the commission-based selling of financial products by independent financial advisers (IFAs). After public anger shone a spotlight on commission-based mis-selling of structured products - in some cases revealing that IFAs were being paid for advice they were not qualified to give - regulatory initiatives in the

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