Is a regulatory reprieve on the cards for small advice firms?
UK’s Financial Conduct Authority to review its impact
UK’s Financial Conduct Authority to review its impact
UK trade association Libertatem has joined the European Federation of Financial Intermediaries and Financial Advisers (Fecif).
Some UK financial adviser firms are delegating the entire regulated activity of providing advice to unregulated third parties, according to the Financial Conduct Authority (FCA).
Garry Heath, the head of IFA industry body Libertatem, has called for the formation of a new regulator to be considered as part of the government’s Financial Advice Market Review (FAMR).
The Financial Conduct Authority (FCA) has rejected calls for a freeze in its fee hikes and has confirmed a 10.2% increase in 2015/16 for financial advisers.
A new trade association representing UK financial advisers has been launched to give the industry a louder voice in discussions with government and regulators.