Will advisers dip into their capital adequacy buffers?
Mixed views
Mike Barrett: "Most advice firms have enjoyed strong revenue growth over recent years."
Analysts say it is too early to tell whether advisers will draw on capital adequacy to keep their firms afloat after the regulator announced a relaxation on firms’ access to cash reserves.
The Financial Conduct Authority (FCA) On Thursday (26 March) said it intended to "provide flexibility to regulated firms" to continue operating by drawing on "capital and liquidity buffers" if necessary....
More on Regulation
FCA's Megan Butler gives punchy warning on phoenixing and 'lifeboating'
PIMFA Virtual Fest
Regulators launch 'the grid' to map out upcoming rule changes
Upcoming regulatory work
FCA accelerates 'digital sandbox' pilot plans amid coronavirus
Encourage collaboration
Investment Association warns of 'heightened criminal activity' from coronavirus scammers
Jump in phishing and 'smishing' tactics reported
FCA extends regulatory reporting deadlines up to 30 June
Administrative fee waived
Back to Top
More news
Advice firm saves cricket club from folding during lockdown and other good news stories of the week…
Supporting local business
FCA's Megan Butler gives punchy warning on phoenixing and 'lifeboating'
PIMFA Virtual Fest
Spooked investors return to retail funds with £4bn April inflows - IA stats
Record outflows in March
Tributes paid to Nucleus account director Mike Wallis
Died from motor neurone disease
