Simple No Advice Financial Products
Published / Last Updated on 11/07/2011
Simple No Advice Financial Products.
According to Maggie Craig, managing director of life and savings at the Association of British Insurers(ABI), HM Treasury (HMT) is suggesting that it should be possible for simple straight forward products to be bought without regulated advice.
HMT have suggested that the initial products should be those that have no risk to capital, such as term life, critical illness or income protection.