FSA to consult on 'basic advice' regime

In its consultation paper 04/11, 'A basic advice regime for the sale of stakeholder products' , the FSA suggests the proposed regime would make it easier for all consumers to have access to "risk-controlled" products, such as stakeholder pensions, while at the same time receive a certain level of protection. At present, the proposals will be limited to stakeholder products, the regulator says. Further down the line, however, the basic advice regime may be extended to include other products as well, says a FSA spokeswoman. This would include "fairly simple" packaged products such as Is...