Protection Watch with Kevin Carr

Mortgage intermediaries investigated over protection sales Fears of an increase in commission-led protection sales have caused the FSA to review the sales standards of pure protection products sold by mortgage intermediaries. In its recent RDR consultation paper, FSA says it is concerned by the movement of intermediaries into product areas where they have little or no experience and will be reviewing the sales standards of pure protection products by mortgage intermediaries, which is fair comment. However, while some advisers have criticised the regulator for targeting smaller pract...