A critical analysis of depolarisation

摘要: The Financial Services Authority (FSA) is about to implement wholesale reforms of the regulatory structure advice in retail financial services sector. Instead having choose between a “tied adviser” or an “independent (IFA) under “polarised” regime, consumers will have much wider choice terms range products and scope available new “depolarised” structure. In undertaking these reforms, FSA aims “to improve consumer outcomes” by dealing with what it argues are market failures market. This paper assesses whether FSA’s final blueprint for can provide improved outcomes intends. It critically examines issues quality both advice, as well considering extent which create kind “empowered” appears expect. that may not appreciably address sets out remedy, suggests this due likely inability understand take advantage marketplace being created. greater emphasis should been placed on education extending availability before attempting such radical reforms.