The Financial Conduct Authority (FCA) and the Treasury have published a Financial Advice Market Review (FAMR) progress report. Here are the top ten points you need to know…
The progress report was published alongside a FAMR guidance consultation, which warned about suitability in streamlined advice services and all-but ruled out introducing standardised fact finds. FAMR...
Maximum 30% of redress
Third Covid-19 resilience survey sent to advisers
Rise in clone scams
Managers plea for clarity over passporting rights
Third highest monthly figure since 1993
'Cannot normalise this level of loss'
There is no shortage of IFA firms looking to sell up, writes Daniel Baade. However, the big question is how to finance the acquisition of IFA or wealth management firms...
Supported over Christmas
Plus online scams