PIMFA
What do advisers want from the FCA consumer duty reform?
Industry supportive of move but implementation timeline is ‘challenging’
PEOPLE MOVES: St James’s Place, Schroders PW, Lombard Odier
Managing director steps down from wealth firm, as advice business makes c-suite change
UK regulator extends 10% drop rule pause
Advice trade body believes the depreciation notice requirement ‘needs further reform in the longer term’
FCA eyes ‘fundamental shift’ in customer protection standards
But watchdog criticised for lack of ‘clarity’ and ‘credible regulatory threat’ against ‘bad actors’
PEOPLE MOVES: Manx Financial Group, Sun Life, Sanne
Isle of Man-based firm makes management reshuffle, while insurer names Vietnam CEO