FSCS levy and simplified advice in focus as WMA launches strategic review

Laura Dew
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The Wealth Management Association (WMA) has announced a strategic review to improve its services to members.

One year on from the organisation's rebrand from APCIMS to the WMA, chief executive Liz Field (pictured) has asked members to review the trade association's practices and policies. Questions for members include "what should simplified advice be?", "what does an equitable solution [to the FSCS levy] look like for our members?" and "what should our manifesto be for the retail investor?" Field, who took over from Tim May this month, wants firms to contact the WMA with their views on these and other issues. Following this the organisation, which represents 186 firms, will then send out...

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