Image:
The FCA will consult on the 10% drop rule in late Spring.
The Financial Conduct Authority (FCA) has extended the suspension of the 10% depreciation rule until the end of 2021 and said it will begin consulting on the regulation this spring.
In an update published on Friday (19 March), the regulator said it has extended temporary measures for firms until the end of 2021 while it undertakes policy work on the future of the requirement. ...
To continue reading this article...
Join Professional Adviser
- Unlimited access to real-time news, industry insights and market intelligence.
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters.
- Make smart business decisions with the latest developments in regulation, investing retirement and protection.
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes.
