The Financial Services Authority (FSA) has expressed concerns that an increase in advised sales of investment bonds by life insurance companies may be a sign of a commission grab ahead of the implementation of the Retail Distribution Review (RDR).
Fiona Murphy asks IFAs how government austerity measures have affected clients' retirement planning.
Castle Trust, the investment and mortage business designed to help unlock the housing market, has been notified the FSA is set to authorise the business.