Firms trying to expand into new business areas are having to wait 85% longer for Financial Conduct Authority (FCA) authorisation than two years ago.
By the end of last year the wait time has risen to almost five months, up from 10 weeks at the start of 2013. The figures were compiled by law firm RPC, and have been confirmed by the FCA. RPC said...
Two global vehicles
'Further plug advice gap'
Must appoint separate CEOs and boards
Advisers do come out well
Will report to Mark Till