Happy New Year?

As 2005 comes to an end, it is fair to say it has been a busy year in the protection and health insurance markets. It began with the introduction of Financial Services Authority regulation and a flurry of changes and red tape that made advisers' lives a little bit harder. But almost one year on, is life any easier for the IFA community? It would seem not. Compliance costs and increased workloads have taken up the majority of advisers' time, and the Treating Customers Fairly initiative has created a whole host of problems in the protection market, notably the debate surrounding advised and...