FYI: Signifincant Regulatory Development in GB

Ami · 07-03-2009, 01:16 PM

A piece in the Financial Times (Britain) that appeared on June 25th, is worth reading, IMO. You will find it at: FT.com / UK - FSA to ban commission for advisers

[snip]
In a radical overhaul of the rules governing IFAs, the Financial Services Authority said on Thursday that payments from fund managers and life assurers to advisers would be outlawed in three years.
[/end snip]

jdeasy · 07-03-2009, 06:28 PM

Originally Posted by Ami

A piece in the Financial Times (Britain) that appeared on June 25th, is worth reading, IMO. You will find it at: FT.com / UK - FSA to ban commission for advisers

[snip]
In a radical overhaul of the rules governing IFAs, the Financial Services Authority said on Thursday that payments from fund managers and life assurers to advisers would be outlawed in three years.
[/end snip]

There goes that big sales trip I had planned for England.