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Positive Solutions warns removing polarisation risks mis-selling

Positive Solutions is warning that the FSA&#39s polarisation reforms could lead to misselling.

Positive Solutions chief executive David Harrison says: “We all know that right now the consumer gets a better deal from independent advice – whether commission or fee based – and there is no reason why that proposition should be undermined.

“In terms of multi-ties or gap-filling, there will still be a difference in that with both of these the agent will still represent the company rather than the client, and this could lead to the very mis-selling which cause polarisation and has led to tied companies purporting to be independent via the use of misleading names.”

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India budget: BJP focuses on growth

By Kunal Desai, Head of Indian Equities

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