FSA sets date for retail conference

The results of the year-long retail distribution review will be published and discussed at the event, at which the FSA will outline what it sees as solutions to current problems in the retail financial services market. The review has involved representatives from all sections of retail financial services coming together through a series of working parties to debate specific issues. The review was announced following a speech last year by Callum McCarthy, FSA chairman, in which he argued the prevailing distribution model was ‘bust’. In particular he questioned whether remuneration models ...