The hidden benefits of Sandler Review

The recent Sandler Review of the UK's retail saving industry has been widely viewed as a threat to advisers. The proposed introduction of a suite of stakeholder-style savings products that can be sold without regulation through banks and supermarkets has opened up the prospect of advisers playing a less significant role in consumers' financial planning. The role of advisers has also been challenged by other proposals in the review. Sandler's suggestion that the title independent should only be retained by advisers that are not paid by providers has been regarded by some as making the adv...