TITLE

Direct deals are driving out advice

AUTHOR(S)
Cicutti, Nic
PUB. DATE
August 2009
SOURCE
Money Marketing;8/6/2009, p14
SOURCE TYPE
Periodical
DOC. TYPE
Opinion
ABSTRACT
In this article the author reflects on the importance of mortgage advices from advisors concerning their products in Great Britain. He cites the stand of the Financial Services Authority (FSA) when it rejected the claim of the independent financial advisors (IFAs) about the implications of a direct-to-lender product. The author forecasts the possible implications of the FSA's ruling on non-advised mortgage sales in which consumers will end up paying thousands of pounds.
ACCESSION #
44053379

 

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