The FSA's proposal to split the adviser market based on qualifications has raised new questions about the future of the IFA industry and, in the view of one IFA, dragged up an old one from the distant past.
The FSA's report into the sub-prime mortgage market, which resulted in the regulator taking action against five intermediary firms for ‘weaknesses' in their advice procedures, has been largely welcomed by the mortgage industry.
For the vast majority of IFAs who have been offering sound advice to clients for years, the news from the RDR that a higher standard of adviser qualifications and professionalism is needed will have come as a shock.
Luanne Ahearne talks about the practical considerations of choosing trusts
Value protected annuities can be used by a wider ranger of people than first thought says David Murton
Dean Mirfin gives his views on the results of May's equity release inquiry