With financial Services Authority (FSA) regulation looming, do current technology solutions allow protection advisers to create satisfactory audit trail?
Market views Richard Verdin, Direct Life & Pension Services There is not a simple yes or no answer to this question. Some firms are more ready than others and most providers haven't really raised their heads to look beyond delivering solutions for mortgage-only regulation. This just goes to show that there are some businesses working on technology solutions for advisers that just don't understand the way advice works. Starting with the basics, by far the majority of individual protection policies sold are term assurance contracts. The majority of these are in some way li...
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