RDR 'to fuel ETF boom'

The FSA's plans to overhaul regulations governing investment advice will spark a boom in the use of ETFs in the UK, according to BlackRock.

structured products

The report, produced by BlackRock's global ETF research and implementation strategy group, is dubbed the first to focus solely on ETFs in the UK.

It says independent financial advisers are likely to increase their use of ETFs because they are particularly well aligned with the intent of the FSA's Retail Distribution Review (RDR) proposals.

ETFs have been cited by the FSA as one of the packaged products that advisers, who decide to operate as independent after 2012, must understand. This is in

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