Has the introduction of depolarisation changed the meaning of independent advice in the protection market and what effects could this have on the sector?
MARKET VIEWS Alan Lakey, Highclere Financial Services Depolarisation has muddied the waters. From this perspective, it is a pointless exercise, which cannot possibly be in the consumers' interest and suggests that the Financial Services Authority (FSA) is not treating the consumer fairly. IFAs have done much to invest the idea and value of an independent adviser in the minds of the public. Depolarisation hacks away at this message. One can only hazard a guess at how the public can be expected to understand the implications of multi-tie versus independent. The larger multi-ties are usi...
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