IFA Centre explores 'toxic products' registry

The trade body, founded by Gill Cardy (pictured) in February and catering solely to independent advisers, said the challenge would be convincing the FSCS such a category was financially feasible. "The idea of whether there should be a registry of toxic products has been floated a few times, but again we still have to work out who is going to pay for it," Cardy said. "There is a lot of talk about the concept - I would like to think there was mileage in that idea - but if 99% of advisers didn't recommend a product and one firm did, and that firm is still out of business therefore fall...