Biba warns FSA over latest retail review
The British Insurance Brokers’ Association has announced its support for the Association of Independent Financial Advisers’ calls to ensure that regulatory changes emerging from the Financial Service Authority’s Retail Distribution Review do not result in professional advice becoming the preserve of the wealthy.
However, while Biba agrees with AIFA, those views are very much focused on the life, pensions and investment sectors. Biba goes further to warn the FSA that there must be no attempt to read-across any
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