FOR SUSTAINABLE, PROFITABLE, CLIENT-FOCUSED ADVISER FIRMS
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Administration over FOS rulings
Current limit £350k
47% of advice deemed unsuitable
Regulator consulting on side pockets’ exceptional use
Wind up could push into 2023
'Nothing we can't handle'
'Get ahead of the curve'
Ongoing issue
£5,500 average increase
‘Changes could save consumers £9.6m a year’
21 March 2022
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2 min read
