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Protection advisers concerned about lack of FCA support

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Protection advisers concerned about lack of FCA support

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40% of advisers feel let down by the Financial Conduct Authority (FCA) and feel that they have no support when it comes to selling protection products.  A further 69% also felt let down by the regulators predecessor, the Financial Services Authority.

Whilst the majority of advisers blame the banks for the PPI mis-selling scandal, 17% of advisers thought that the FSA were responsible and should have taken action sooner.

Read the full story here via Mortgage Solutions

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