Perspective's Julie Hepworth explains why some advisers risk getting lost in a maze of Financial Services Authority (FSA) guidance at the cost of documenting important client information.
The array and range of regulatory information affecting IFA firms shows no signs of abating; indeed, we have seen an unprecedented 12 months in terms of the volume of FSA guidance consultations, finalised guidance and policy statements. Dealing with this level of output occupies a large proportion of my time and I know how difficult it is to keep up with everything issued by the FSA. Therefore, I have great sympathy for those who not only work at the sharp end with clients but are also responsible for ensuring the raft of communications from the FSA are embedded into their processes a...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes