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Changes to the labels ‘independent' and ‘restricted' for the protection market will confuse advisers and consumers alike, say industry experts.
Rocketing gold prices have not prompted advisers to up their allocations to the precious metal.
Positive Solutions is set to pair advisers with lawyers and accountants to give them access to more clients and says it may look to do the same with small private banks and foreign exchange dealers.
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Advisers are voicing their frustrations on the way the FSA consults with the industry, just days before the RDR outcome is revealed.
Mortgage lenders are less likely to use IFAs if the Financial Services Authority (FSA) shifts responsibility for advice onto them, warns Michael Coogan, director general of the Council of Mortgage Lenders (CML).
The government has a duty to make the benefits of equity release clearer to encourage more advisers to accept it, according to speakers on IFAonline TV.
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