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retail financial services April 30, 2008

Posted by Bradley in : Uncategorized , trackback

Recent developments in thinking about retail financial services: the Joint Forum published a paper on customer suitability in the retail sale of financial products and services, stating:

concerns about the impact of mis-selling are arguably an area where concerns about system stability and investor protection meet.

And the UK’s FSA published the interim report for its Retail Distribution Review:

The aim of the RDR is for more consumers to have sufficient confidence in the market to want to use its products and services more often. To achieve this, we need an industry that more clearly acts in the best interests of its customers and treats them fairly.

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