Regulation: Higher qualifications for high-risk investing

Investing in high-risk funds can be a cause for sleepless nights for both advisers and their clients, but this is the nature of the beast when investors have discussed their goals and attitude to risk and the result is a relatively high-risk portfolio. To ensure that these high-risk products are treated with the respect they should command, the FSA needs to flex its muscles by rolling out a procedure to categorise products by their level of risk. Treading water over FSA fees Standardising the risk-profiling of products would go a considerable way to ensure that clients do not buy in...