PROD and financial advice: Six insights to help advisers get it right

clock • 4 min read

In the first of a three article series for Professional Adviser, based on an upcoming white paper, Ben Peele details how advisers can best tackle and comply with PROD rules PROD (product intervention and product governance sourcebook) was introduced alongside the second iteration of the Markets in Financial Instruments Directive (MiFID II) in January 2018 by the Financial Conduct Authority (FCA). It is here and needs to be dealt with. Unusually for a new regulation, PROD isn't actually an acronym, it is an abbreviation. However, we think the acronym works well as a reminder of the key...

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