A plan to split regulated financial advice into three categories has received a mixed response from ...
A plan to split regulated financial advice into three categories has received a mixed response from the industry, and divided opinion on the likely impact on the offshore market. The FSA revealed its proposals to create three categories - professional financial planners, general financial advisers or primary advisers - as part of its Retail Distribution Review. The review is aimed at improving standards of professionalism, making financial advice more cost effective and improving customer understanding of what they are getting. Under the changes, professional financial planners would requ...
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