FAMR has made 'significant' progress, says PFS' Richards
Despite industry scepticism of FAMR implementation
The advice sector has many reasons to be optimistic about the progress made by the Financial Advice Market Review (FAMR), Personal Finance Society (PFS) chief executive Keith Richards has said.
Richards felt confident the Financial Conduct Authority (FCA) and Treasury were on the right track to reaching their goal of closing the advice gap and making financial advice more accessible to the public....
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Major tech changes more likely to cause incidents - FCA
Major technology changes lead to more incidents than lesser ones within financial services firms, research by the Financial Conduct Authority (FCA) has found, and the regulator said while effective risk management is an important component to success....
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