THE Personal Finance Society has developed a set of FSA-backed codes of practice for financial advisers.
John Ellis, who today announced he would stand down as head of public affairs for the organisation this summer, said the industry standards formed part of a major piece of work that will feed into the regulator’s retail distribution review. The initial findings of the review are due to be reported in June when a consultation paper will also be published. Ellis, who will be succeeded by David Thomson, currently head of strategy and planning, public policy for Barclays Bank, said the proposals would be submitted to the FSA at one of the working parties established by the regulator as ...
To continue reading this article...
Join Professional Adviser for free
- 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