Rory Percival: PROD rules were 'overdue'

CISI Financial Planning conference

Sophie King
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Rory Percival: “The FCA has been going on about this for years and years and years, and suitability reports are still poor."
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Rory Percival: “The FCA has been going on about this for years and years and years, and suitability reports are still poor."

Former Financial Conduct Authority (FCA) man turned consultant Rory Percival has told advisers that the product intervention and product governance sourcebook (PROD) rules were "overdue".

Speaking at the Chartered Institute for Securities & Investments (CISI) annual Financial Planning conference in Birmingham, Percival (pictured) said there had been a lot of negativity around PROD f...

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