The Financial Conduct Authority (FCA) has been contacted by 41 adviser firms since March regarding fear of firm financial difficulty, a freedom of information request submitted by Professional Adviser has revealed.
Between March and July, 27 adviser firms reached out to the regulator on an individual basis to notify the FCA they felt they were falling into financial difficulty. May proved to be the trickiest month,...
Steps down from board on 1 October
Will shape future regulatory work
252 firms pulled out
'It may take a while to square this circle'
Completion in 3 minutes
Retail investors set to be restricted initially
The fact that emotions can so significantly impact investment decisions means the issue is becoming ever more important for advisers