Distribution review shakes up UK structured advice

Structured products are set for a radical distribution shift in the UK, after the Financial Services Authority (FSA) unveiled the latest stage of its Retail Distribution Review (RDR), set for implementation by 2012.

One of the main outcomes of the review is the attempted removal of commission bias by shifting to a more fee-based model. Advisers will also have to be able to give advice on a full range of investments, including structured products and exchange-traded funds, which participants

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