Editorial: Assessing risk seems like Russian roulette

As much as advisers have to make their own decisions about the risks associated with any products, increasing pressure is being placed upon advisers to prove the risk assessment they make is one the FSA and FOS would agree with. As a result, it's causing serious frictions with the authorities as some advisers feel they simply can't win. Just to complicate matters further, some advisers argue the risk assessment they make on products – and later have to defend when complaints are made - is based on information presented by the providers. Providers, on the other hand, say it is up to the in...