The FSA has issued a deadline for IFA firms to report which of their policyholders fall under the te...
The FSA has issued a deadline for IFA firms to report which of their policyholders fall under the terms of its review into the misselling of Free Standing Additional Voluntary Contribution (FSAVC) schemes. IFAs who arranged or advised on fewer than 100 FSAVC schemes have to report details of their client base that fall within the review's remit by 15 September, revised from 1 September, while the same deadline applies for IFA firms who advised on or arranged 100 to 1,000 FSAVC schemes. Firms will also be required to review the cases of all investors who request a review, irrespective of w...
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