The Citywire Money guide to the RDR savings revolution

The Financial Services Authority, the City regulator, is introducing a package of important reforms at the end of 2012 which will affect everyone saving for a pension or investing in an ISA.

Read our guide to what the new rules mean for investors like you.

In the video below I explain how the changes in the 'retail distribution review' will:

• Abolish the payment of commission by financial product providers to financial advisers;
• This means financial advisers will work for you not the product provider;
• Financial advisers will have to pass higher qualifcations and behave more like other professionals;
• To call themselves 'independent' advisers will have to adviser on a wider range of investments;
• The shake-up in charges will make it easier for you to see where your money goes when you save and invest.

Read more on RDR

• The free advice myth is about to be exploded

• How to find a good independent financial adviser after RDR

• Will we miss commission-biased financial advisers?

• Never trust an IFA? Why advice is undervalued

Find an RDR-ready financial adviser

• Looking for a qualified financial adviser near you? Citywire's Adviser Finder can help