Over half of advice firms have detailed plans to tackle crime and fraud

The latest PA Asks survey revealed that 59% have detailed plans in place, 28% have plans in place but not detailed ones, 10% do not have any plans in place and 3% said they do not know. A respondent who has detailed plans in place said it is "part of our procedures". Another pundit added: "We have a detailed wind down plan which would cover such an event." One industry respondent who is part of a smaller business said that it has procedures to cover many eventualities with a dedicated compliance person. "We have rigid control structures in place regardless," added another pundit...