A Conservative Government will sanction the re-introduction of a 15-year long-stop for the financial advice sector, the Association of IFAs (AIFA) says.
AIFA director general Chris Cummings says he has been assured a complaints deadline - afforded to other professions via the statute of limitations - is on the Conservatives' agenda should they win the next General Election. "You never know if politicians will do what they say they will, but if you speak to those with a tendency to the ‘right', they will tell you they are quite happy with a complaints deadline. "It was never going to happen under a Labour government because they are too worried about the consumer message." Cummings adds proposals in the RDR to change the way adviser...
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