The move was revealed today by FSA director of conduct policy Sheila Nicoll at the Tisa annual conference in London.
Nicoll said the paper will address the governance arrangements surrounding the raising of professional standards for advisers and also potential read-across into the protection and GPP markets.
In June’s consultation paper the FSA asked firms what consumer detriment, if any, would arise if it implemented the RDR proposals for the sale of retail investment products and took no action on regulating the sale of pure protection products. At the time the FSA said: “We would welcome any evidence on this.”
However the industry voiced concerns over including protection in the RDR, claiming it would leave a large number of the UK population underinsured.