FCA executive director of supervision Megan Butler has warned advisers "we'll be onto you” should they carry out behaviour like phoenixing, lifeboating or setting up claims management companies to handle complaints against them.
Speaking at the Personal Investment Management and Financial Advice's (PIMFA) inaugural Virtual Fest on Thursday (4 June), the Financial Conduct Authority (FCA) executive director gave firms a punchy warning...
Follows Lord Hill listing recommendations
Helping firms 'get ahead' under SFDR
Hill report calls for cut in free float to 15%
Expected by Q2 2021
Rolls-Royce to cut 9,000 jobs
Running sessions throughout June's inaugural event