Importance of FCA 'Dear CEO' letters should 'not be underestimated' - SimplyBiz's Ken Davy
Response to FCA letters
Ken Davy: "The FCA is setting out its stall early in 2020, with this double-barrelled shot across the bows of the sector, and the importance of these letters should not be underestimated.”
The SimplyBiz Group chairman Ken Davy said the Financial Conduct Authority's (FCA) recent 'Dear CEO' letters to advisers and assets managers should "not be underestimated."
On 20 January, the regulator sent a ‘Dear chief executive' letter to asset managers, outlining its view on the key risks of harm asset managers pose to their customers. The letter, which was written by...
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Citimark takes over Trigon's financial planning arm
Adds £60m of assets
Chancellor promises to pay self-employed 80% of average monthly profits
Up to £2,500 a month
