18 March 2020
•
Image:
Keith Richards: We will share any updates we receive from government and the regulator that can assist our members to meet regulatory requirements and deliver the service agreed with clients while trying to delay the spread of the coronavirus.”
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...
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.
- Tap into our community intellignece through our regular Pro Adviser poll.
- Be the first to hear about our events and awards programmes.
