Defaqto and other ratings agencies have been attacked for "driving the wrong behaviour" by encouraging product complexity and being "in danger of misleading consumers".
The Financial Services Authority's (FSA) inspection of eight SIPP providers shows it is concerned over levels of risk among small providers, a Defaqto expert says.
Defaqto has released a guide to short-term income protection (STIP) and said it believes new opportunities are emerging in the market despite the mis-selling of payment protection insurance (PPI).
It is perhaps not a little ironic that on the eve of deadline day for three major banking groups to resolve their pre-judicial review payment protection insurance (PPI) complaints, another possible ‘protection' mis-selling scandal is uncovered.
Defaqto has warned that the public should not be turned off protection products following the fall out of the Payment Protection Insurance (PPI) mis-selling scandal.
The Financial Services Authority (FSA) may ban the practice of discretionary fund managers (DFMs) paying SIPP providers for inclusion on their platform, Defaqto warns.
The figures that reveal a different market to that seen by borrowers
Financial researcher Defaqto has put together a short list of factors for advisers to consider when assessing a SIPP provider...
Defaqto's publications have been recognised as contributing to continuing professional development (CPD) by the Institute of Financial Planning (IFP).
Defaqto has published a free guide highlighting opportunities in the critical illness sector for advisers.