
"The reality is that advisers will not safely be able to do much in connection with their clients’ claims without obtaining the relevant permissions" - Clarke Willmott's Stephen Searle
Financial advisers assisting clients with compensation claims could soon face sanction from the Financial Conduct Authority (FCA) if they do not have the required permissions in place, a solicitor has warned.
Clarke Willmott partner Stephen Searle has highlighted that, when claims management activity becomes regulated by the FCA later this year, advisers could find themselves in trouble for trying to help a...
To continue reading this article...
Join Professional Adviser
- Unlimited access to real-time news, industry insights and market intelligence.
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters.
- Make smart business decisions with the latest developments in regulation, investing retirement and protection.
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes.