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RDR outcome can be a springboard

What now for the RDR? What relevance does it have in the post- banking-crisis, credit-strapped economy we now inhabit? Do the original RDR objectives remain valid to an increasingly sceptical public who could be forgiven for cursing all financial services, not just the banks, with a plague on all your houses attitude? After all, consumers do not generally differentiate between banks, insurers and investment companies.

Providers hit back at Hargreaves

The structured product industry has hit back at Hargreaves Lansdown chief executive Peter Hargreaves for suggesting that providers are only ever interested in making a profit.

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