Menu: FSA cost benefit analysis doubled with reforms

Several post-consultation changes to the draft rules published in CP04/03 will have a major impact on the costs or benefits set out in CP04/03 and CP166, says the FSA. As a result, the cost of implementing depolarisation reforms has doubled to £28m for tied firms and £13m for independent advisers. That said, there is still some confusion as to total figures in the CBA, as laid out by the FSA. The following costs which respondents said should have been included previously look at: IT system changes Increase in the sales process time, A communication programme for customer-facing ...