TITLE

Provider policing may bring back bias

AUTHOR(S)
Blackmore, Nicole
PUB. DATE
July 2009
SOURCE
Money Marketing;7/9/2009, p5
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports on the disadvantages of the proposed monitoring of financial services advisers by the Financial Services Authority (FSA) in Great Britain in 2009. FSA proposed that financial services providers should regulate and validate financial advisers charges because of its impact on the performance of fund products. However, there are speculations that the rule will ignite bias within the industry resulting into a more complicated business operation and threaten customer welfare.
ACCESSION #
43459426

 

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