Financial Glossary what is polarisation


Polarisation

A principle of UK financial regulation stating that salesmen and advisers have to choose between being either completely independent or tied to the products of a single supplier. The aim is to make it clear to the customer on what basis someone is trying to sell them a financial product. Depolarisation, in 2004, allows an in-between arrangement, where a multi-tied distributor offers products and services from a panel of selected providers.
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