Speaking at the Money Marketing RDR invitational in London ABI assistant director Peter Jolly gives his views on how simplified advice could work as part of the retail distribution review.
ABI – our vision for simplified advice
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Moody’s Ratings Agency has warned that the UK is amongst a handful of European nations that face “very real, common threats” from the sovereign debt contagion spreading through the continent.
Harcourt Capital Investments – EIS Fund
An FSA mortgage arrears handling review has brought calls for a clearer division between lenders and third-party administrators. Paul Thomas reports
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The sooner the FSA get to work on this and realize that the vast majority do not need complex, expensive advice the better. There is really only a very small market for complex fee based advice by advisers with higher qualifications.
Dig out Sandler and have Regulated Products that can be sold cheaply without the need for fees, higher examinations and unnecessary compliance and the savings gap will the closed
in a very short time.
Hooray ABI
About time the truth was told and the FSA started to listen.