The FSA must do more to help firms hit by the economic downturn, according to IFA network Tenet, after the regulator raised concerns about the quality of advice given by appointed representatives (ARs).
In its first Retail Conduct Risk Outlook, the FSA said economic conditions have proved extremely challenging for many advice businesses by dragging on income and profitability. It added that its supervisory...
Caring for children and elderly relatives
Similar to June 2007
Square Mile’s series of informal interviews
Fine reduced to £60,000
Two roles created