Just one-in-20 (5%) advisers are aware of their obligations under the FCA's 'PROD' product governance rules, which were introduced alongside MiFID II in January, research by IRESS has suggested.
The study, undertaken by consultancy the lang cat on behalf of the technology solutions business, also revealed more than half of the 64 advisers polled were still unaware of PROD - the Financial Conduct...
‘Most significant’ upgrade since launch
Changes happening over coming months
Had accepted British Steel business
Aimed at HNW clients and family groups
Set for 1 April 2019