Cummings outlines IFA issues to Govt chief

Cummings met with the new Economic Secretary in order to brief her on the main issues affecting the financial services industry. He spoke specifically on issues affecting IFAs and mortgage brokers and their provision of high quality advice to consumers in all socio-economic groups. Commenting on the meeting, Cummings says: “We were delighted to get such an early opportunity to brief the new Economic Secretary about the IFA sector. "We highlighted the importance of professional advice and indicated our concerns at the impact of some of the proposed regulatory changes outlined in the FSA’s...