While many advisers may in practice already be doing what is needed to meet the standards required by PROD, writes Julian Marr, evidencing this to the FCA's satisfaction is more important than ever
Courtesy of the Financial Conduct Authority (FCA), the Product Intervention and Product Governance Sourcebook or ‘PROD' came into force alongside other MiFID II provisions on 3 January 2018. At a very...
60% of sales in July and August
Reasons to be optimistic in 2021
The Financial Conduct Authority (FCA) has published a defined benefit (DB) transfer tool which it said should help firms understand its file review methodology for DB transfer advice. But what exactly is it and why should advisers care?
131 firms have authorisations revoked