While advisers generally appear to be satisfied that they will meet the December TCF deadline, many have bemoaned the associated costs and warned of dire consequences for those firms not making the grade.
Kim North, director of Technology and Technical, asserted that firms which failed to meet the deadline would be under considerable pressure and therefore "fined by the FSA, forced to leave the industry,...
Despite improved risk appetite
FOS award limit increase
Relates to 136 million transaction reports
Ceremony will take place 13 November