PMI applies for FSA accreditation ahead of RDR

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The Pensions Management Institute has applied to the Financial Services Authority for accredited body status, which would enable it to verify members are meeting Retail Distribution Review standards.

Becoming an accredited body would allow the PMI to issue Statements of Professional Standing, which advisers must acquire to confirm they are RDR compliant. Chief executive Vince Linnane (pictur...

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