FCA: Prescriptive rules may be needed for re-registration

FCA RDR team manager Richard Taylor told attendees at the Tax Incentivised Savings Association (TISA) platform seminar on Tuesday that the regulator will consider post-implementation review work to determine whether "prescriptive rules" for re-registration are needed. He said: "Not everyone has put in the effort and investment to meet our deadline. I remind people of what we said previously; there was complete agreement that re-registration should take place within a reasonable time. "It is worth observing that different people have different concept of reasonable time. "We will us...