Massey: Restricted advice will not be like multi-tied

Speaking at the Sesame Symposium in London this afternoon, Simon Massey, intermediaries director at Scottish Widows, said restricted advice would become a larger part of the market than many expect. "I don't think there is anything to fear from it because I don't see it as the multi-tie play that happened a few years ago, where there seemed to be the creation of a slightly artificial proposition with dubious economics around it to suck up chunks of distribution, which I think history will say failed massively. "How I think it will be different, depending on your firm, is you may find ...