FSA protection probe 'bizarre'

Scott, Tracey
July 2009
Money Marketing;7/2/2009, p7
The article reports on the move of insurance experts in slamming the plans of British Financial Services Authorities (FSA) in evaluating investment advisers that sell insurance after RDR imposed its ban on commission payments in 2009 in Great Britain. According to Friends Provident chief executive officer (CEO) Trevor Matthews, FSA has made a mistake by worrying on insurance sold. He adds that investment advisers are opposed in allowing them to charge insurance products.


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