Smee, Paul - In: Journal of Financial Regulation and Compliance 10 (2002) 2, pp. 135-140
Polarisation has been an integral part of how the retail financial services market operates in the UK, since its … implementation in 1988. The term ‘polarisation’ refers to the practice whereby financial advisers must belong to one of two groups … only advise on the products of one company. In this paper, the author first sets out how the process of polarisation was …