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Only 22% of people know how much money they will need to save and for how long to achieve the retirement they want, according to a YouGov poll.
Critical illness (CI) sales scripts are ready for implementation by the end of the year following approval from the FSA and Association of British Insurers (ABI).
FSA plans requiring IFAs to hold capital of at least three months of their annual fixed expenditure risk the sustainability of the sector, warns the Association of Independent Financial Advisers (AIFA).
Other association of IFA articles
Appointed Representatives of IFA networks may soon be required to pay Value Added Tax on services delivered by their network principles, following a Customs & Excise ruling which suggests network firms are not exempt from payment.
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FSA warns firms about 'falling out of permissions' over rebalancing
TMP founder Morris takes to stand in GP Noble trial
Banks keep close eye on expat market
FSA tells paraplanners to challenge IFAs on suitability letters
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