FSA launches new tools for small firms

The tools include factsheets, self-assessment tools and prompts for advisers. They were developed following consultation with a number of firms and were road tested on 60 companies. The launch follows thematic work last year which looked at the quality of advice processes in financial advice firms. It identified key areas firms should focus on to get advice processes right and treat their customers fairly. Advisers can access the tools now on the FSA’s small firms web pages. The FSA has already introduced targeted information and resources for small firms. These include small firms...