Aegon has voiced its approval to the feedback, policy statement and implementation of the financial advice depolarisation advice 'menu', released by the FSA yesterday.
Head of business development at Aegon, Steven Cameron says the changes made, although there are only a few from an earlier draft, have been sensible and generally comply with what Aegon has been lobbying for. Where advisers will need to look out for changes, he warns of a change in dates in adopting new complaint rules, highlighted in chapter four. It was originally believed that these new rules would be implemented straight away, however the document makes it clear that these laws will come into effect on 14 January 2005. Cameron adds he is pleased that the FSA will provide a calculato...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes