‘It will increase the regulatory and financial burden for advice firms’
Compliance will weigh more on those with global businesses and offerings
‘There has to be a fundamental re-educating of the adviser community’
Small advice firms may not get ‘outcome they desire’
‘Polluter pays’ redress model could improve adviser PPI access
Investment advisers that give bad advice to hold capital for redress
The regulator will explore how to clarify its expectations for advisers
Nigel Lewis and Susan Jones are both banned from giving pensions advice
The regulator is looking to find opportunities from new technology
Unadvised clients could seek advice after getting cash warning