15-year longstop trade body's 'priority'
Regulator acknowledges long-standing adviser concerns
The govt and FCA are consulting on the options for a time bar on complaints against financial advice
‘How can a small business sustain this financial abuse?'
Introducing a long-stop to financial advice liability is the only way a properly functioning mass-market model can develop, MPs have been told.
Advisers are being asked to vote on four options for limiting their personal liability for the advice they give, with the results passed to the regulator in a bid to make it reconsider its stance on the issue.