Report hints at protection RDR read-across

According to a study by Defaqto, protection is unsuitable for both the FSA's independent advice and sales groups, but could slot into a third - sales advice - a category dubbed "Frankenstein" by one industry critic. The future of protection in a post-RDR world has been a subject of debate since the publication last November of the FSA's RDR Feedback Statement. It proposed a radical re-structuring of the market, distinguishing between independent advice and a spectrum of sales services ranging from non-independent advice to execution-only. Critics say one of its key suggestions - custo...