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Finance: The FSA’s new rules are working

The new chief regulator on the Retail Distribution Review

By Martin Wheatley   May 2013

When you start a new job, you can’t always control what you inherit. I joined the Financial Services Authority (FSA) just as the most wide-ranging policy initiative it had ever undertaken, the Retail Distribution Review (RDR), was about to come into force.

This policy had been widely discussed in the media by politicians and by the investment advice industry, to such an…

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