Mazars voices restricted advice fears

Chief executive Paul Willans says there is nothing "wrong" with operating in the restricted space but warns they must not "overplay" their true offering. He says effective mystery-shopping will be vital for the FSA to establish if any obfuscation is going on, but says independent advisers will also have a part to play. "My only concern over restricted advice is if elements arise whereby they [firms] are overplaying their true offering. Clients are going to need to know which it is firms offer. "Any attempts to obfuscate must be stopped and I would like to think some effective myste...