Karen Barrett, chief executive of Unbiased.co.uk, tells the BBC what consumers can expect from upcoming changes in the financial advice sector...
"Over the past few years the Financial Services Authority (FSA), the UK's financial services industry regulator, has been looking at the investment market. This means investigating the services of banks, life insurers, financial advisers, building societies and fund managers. It has been looking at how they give advice on financial products, for example a pension or an investment fund, and sell financial policies. This is called the RDR, or retail distribution review, and is part of the FSA's plan to help protect consumers when it comes to the financial advice they receive. The ...
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