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....
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