More than half of advisers believe the Financial Services Authority has given them sufficient help in rolling out the treating customers fairly initiative, according to a straw poll by Assureweb and NS&I.
The online poll, answered by 400 Assureweb users, also reveals 84% are convinced their firms will be at least in the ‘implementing’ phase of their TCF work in a substantial part of their business by the end-of-March deadline. A further 65% claim they would recommend non-commission paying products, which the FSA has said would be a good indicator of TCF. Stephen Wynne-Jones, director of sales and marketing at Assureweb, says: “Far from jumping on the anti-FSA bandwagon, more than half of the advisers praised the governing body for its support of TCF. This positive take on the regulation ...
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