Following the announcement of the FSAs’ RDR Consultation Paper (CP 09/18) Focus Solutions has warned adviser firms to review their approach to the use of technology following the FSA’s RDR Consultation Paper
Under the latest RDR proposals, the practice of product providers offering tools, such as stochastic modelling and psychometrically validated ‘attitude to risk’ questionnaires, “free of charge”” to the adviser community have been called into question by the FSA.