A City law firm says a judicial review into the legality of forcing existing advisers to sit further qualifications would stand little chance of success after the idea was mooted by lobby group Adviser Alliance.
Herbert Smith partner Nusrat Zar said while there may be scope to challenge the decision on human rights grounds, courts “tend to be deferential to experts” and would likely consider the FSA specialists...
To promote 'long-term investment'
Switching 'hard and expensive'
Smaller funds still packing a punch
To drive progress