The UK Financial Services Authority (FSA) has released an update on the Retail Distribution Review (RDR) 's independent and restricted advice rules. Based on the changes introduced by the RDR, if a firm gives independent advice it will need to consider a broader range of products (beyond packaged products); and will also need to provide unbiased, unrestricted advice based on a comprehensive and fair analysis of the relevant market. "We have set a new standard for independent investment advice