Keith Richards: Relaxing cap ad rules amid pandemic could leave firms vulnerable in the long run
Announced yesterday
Personal Finance Society (PFS) chief executive Keith Richards has said a relaxation on capital adequacy (cap ad) rules amid the coronavirus outbreak could leave firms more vulnerable to unforeseen financial impact in the future.
In a column for Professional Adviser published this morning (18 March), Smith & Pinching Chartered financial planner and director Carl Lamb said the regulator could help the sector amid the Covid-19 pandemic...
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