The big issue

Kirstie Redford: Now we have almost come to the end of the consultation period for Financial Services Authority (FSA) regulation, we are here to discuss the issues facing advisers working in the health insurance and protection market. So how prepared are advisers for regulation? Nick Kirwan: I think it depends who they are. Most IFAs are already regulated, they know the game and simply have to apply for an extension. I think the networks and large firms are also well prepared. Those not prepared are the smaller firms that have been operating purely in an unregulated environment, such as p...