So, what can advisers accept from providers?

The regulator’s finalised guidance covering the payments and benefits advisers can accept from providers created quite a stir when it was issued last month, causing advisory network Sesame and providers, including J.P. Morgan and BlackRock, to pull the plug on conferences and events in fear of reprisal. However, some industry figures have claimed that the guidance – much of which is merely a reiteration of the inducement rules stated in the regulator’s COBS handbook – is still unclear and could leave advisers unsure of the action, if any, they need to take. Provider payments Within ...