There was a slight fall in the number of retail investment products sold between April 2009 and March 2010, the Financial Services Authority (FSA) has revealed.
Compared to the same period a year before, 2,747,533 products were sold as opposed to 2,795,169.
This included 611,164 investments, which include structured capital at risk products, open-ended investment companies, bonds and trusts.
The majority were sold by personal investment firms, accounting for 65 per cent of all the retail investment product sales over this period.
A third (33 per cent) were issued as regular premium products, marking a slight fall on the 39 per cent recorded in the previous year.
Last month, the FSA revealed it was to take measures to reform the payment protection insurance market , which will come into force by December 1st.
Firms will be presented with a guidebook on how to ensure complaints are handled properly, alongside other information.
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