AIFA encouraged by FSA's caution

The Association of Independent Financial Advisors (AIFA) says it is pleased that the Financial Services Authority is listening to concerns that have been expressed regarding changes to the polarisation scheme. The FSA has already reduced the scope of its original proposals by excluding CAT marked ISAs and has described its moves towards liberalising polarisation as cautious. AIFA is continuing to query whether a depolarised approach in the area of stakeholder downplays the key question of suitability. AIFA insists that just because the stakeholder pension is regarded as 'safe', it ...