Independent or restricted? Read these guidelines to help you decide

With plenty of anxiety in the industry about whether advisers will end up being tagged as independent or restricted, the paper sought to address some of the key issues, including platform status, the meaning of ‘whole-of-market' and disclosure rules. While most of the paper was effectively a précis of the various FSA documents issued in recent years, the examples were particularly useful in applying the rules to the real world. IFAonline has selected some of the more useful examples for advisers: UCIS A firm chooses to restrict its services by not offering advice on Unregulated C...