FCA
How can advice firms stay afloat during covid-19 pandemic?
Many were already under pressure and should trim budgets that are no longer appropriate
FCA takes legal action against unauthorised adviser
Watchdog claims he has been using social media platforms to give investment advice
Nearly half of UK advice firms will need to furlough staff
As 14% claim their business will go bust without access to funding
Best Practice | 22 Apr 20
Advisers given extra time to complete qualifications
As FCA allows firms an additional 12 months to let employees sit exams
FCA lays down law over PI cover during pandemic
It will consider ‘taking action’ where it sees evidence renewal process is being affected