Retail Distribution Review Course

The Retail Distribution Review (RDR) guides advice relating to retail investment products. These rules apply to all advisors in the UK investment market and the firms they work for.

The RDR is part of the FCA's plan to achieve better protection for UK investors. The aim is that they are offered a fair, transparent charging system for advice received, can understand the service and its related costs and receive guidance from experienced professionals.

Our Retail Distribution Review Course explains the FCA's Retail Distribution Review for the financial advice business in the UK.

About this Course

Available as part of our FCA Compliance Library.

Learning Objectives

This course will prepare your employees to:

Recognise the rationale for RDR and the key changes it introduced
Understand the impact of RDR on firms, advisers and supervisors
Know the professional standards introduced by RDR
Identify which products and services are out of the scope of RDR

Latest Course Updates

Course redesigned with a more modern feel
Full review conducted by an FCA expert
Text & image updates throughout the course

Course outline

Welcome

What was the Retail Distribution Review?

The rationale for RDR

- Exercise: Scope

Limitation on who can provide investment advice

Professional standards

Types of advice

Transparent charging

Value Added Tax

Data capture & reporting

Product disclosure

Impact of RDR

- Impact of RDR - Advisors
- Impact of RDR - Supervisors

Professional standards - Qualifications

- Professional standards - CPD
- Exercise: Professional standards - CPD

Professional standards - SPS

Managing client relationships - Explaining the changes

Out of scope products/services

Summary

Affirmation

Assessment

Course Specifications

Structure

Approximately 30-minute long e-learning course followed by a 10-question assessment.

Audience

Suitable for all staff - examples and interactivities designed for staff at all levels. No previous knowledge or experience is required.

Design

SHARD-compliant, responsive display on all devices, accessibility on screen readers, visual design controlled via a client style sheet.

Compatibility

All Windows, Mac OSX, iOS, Android (Flash-free for mobile compatibility). AICC and SCORM 1.2-compliant, suitable for both hosted and deployed SCORM or AICC.