Every adviser will need a statement of professional standing (SPS) - effectively a practicing certificate for financial intermediaries - to continue seeing clients from 1 January 2013. But what exactly are they? And will clients care?
Professional Adviser editor Scott Sinclair was joined by CII policy director David Thompson in the Incisive Media studios to find out...
17 providers already involved
Current consultation ends on 13 February
Life and general insurance arms combined
Why most regulation is 'common sense' and expansion plans
What would that mean for advisers?