Sales of life assurance products will stage a strong comeback over the next four years and IFAs should be able to hold onto a position of strength in the distribution chain, says Datamonitor.
New rules come into effect today affecting endowment policies and advertising including references to past performances of investment funds.
New rules will force providers of endowment policies to tell policyholders when their opportunity to make a mis-selling complaint runs out of time, the FSA has announced.
LEGAL & GENERAL has accused the Financial Services Authority of being "unfair and oppressive", says this morning's Daily Telegraph because the regulator wants to slap them with a £1.1m fine for endowment mis-selling.
With all the hype surrounding endowment mortgage mis-selling, the concept of an equity-based mortgage has taken a real beating over the last couple of years.
The suggestion that product providers be paid according to the ‘level of satisfaction' which a product provides, seems to be taking the nanny state to every greater extremes.