One fifth more advice firms gave up their FCA authorised status in the year leading up to June 2020 than the year before, a freedom of information (FOI) request submitted by Professional Adviser has found.
The FOI, submitted to the Financial Conduct Authority (FCA), found that in the 12 months leading up to June 2020, 252 advice firms gave up their authorised status. However, that number was 210 in the 12...
Steps down from board on 1 October
Will shape future regulatory work
170 regulated firms
'It may take a while to square this circle'
Ban considered since March 2018
Building a brand
'Better balance between fee and interest income'
Replaces António Horta-Osório
Blending active and passive strategies