Financial advisers are more aware of PROD regulations than they were earlier this year but almost two-thirds say they are unable to evidence their compliance with the rules, according to research from the lang cat.
The consultancy found four-fifths (80%) of the advisers it surveyed were aware of PROD yet some 62% cannot evidence suitability of products and services by client segment in compliance with the regulations...
Systems, controls, governance and culture
Following more reviews
Beyond the FCA's seven considerations
‘Ensure vulnerability is taken seriously’
What made financial headlines over the weekend?
For smaller and medium firms
'There will be more consolidation'