The regulator will not issue checklists for advisers to allow them to stick to a particular protocol when assessing product suitability for their clients because they are "counterproductive", technical specialist Rory Percival has said.
Percival told delegates at Distribution Technology's London conference the 'prescriptive' nature of checklists went "against the grain of how the Financial Conduct Authority (FCA) regulates". He said...
Deal will give clients more options
The first in a series of informal interviews by Richard Romer-Lee
Adviser adoption of technology is changing
Illustrations and acceptance terms to be sent electronically
Well-known for roles at Miton and Coram