How firms are preparing for the change in prudential rules
CAP AD
As if the RDR wasn't enough, advisory firms also have new capital adequacy requirements to contend with this year. Laura Miller finds out what advisers are doing to build up their reserves.
The Financial Services Authority's (FSA's) new rules on capital adequacy have been a long time coming. The original rules, published in November 2009, were due to be phased in over two years, with the...
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