by Alan Marks | Dec 8, 2022 | In The Media
FCA Consumer Duty The introduction of the Consumer Duty is the biggest regulatory shift in financial services in recent years, and the first deadline at the end of October 2022 has come and gone. There were no fanfares, no reminders, but what we do know is that the...
by Alan Marks | Nov 7, 2022 | For Clients
An Emotional Decision Imagine having run an IFA practice for a lengthy period, week in, week out, holidays here and there, chances are you’ll know a good deal of the clients personally, or at least be on first name terms. These clients rely on your good advice, and...
by Alan Marks | Oct 30, 2022 | For Clients
The Time to Sell I had an interesting conversation with an IFA in the week, who is thinking of selling up, with a view to be out by April 2023. He had been reading our guidebook to IFA sales which states: “The decision to sell any business must be a matter of personal...
by Alan Marks | Oct 13, 2022 | For Clients
Four Weeks to Go In July 2022, the FCA confirmed in its publications PS 22/9 and FG 22/5 its plans to bring in a new Consumer Duty, the object of which is intended to improve how companies serve consumers. Whilst these rules do not need to be implemented until next...
by Alan Marks | Sep 29, 2022 | For Clients
Plenty of Activity The last few weeks have been busy, and with most IFAs now getting to grips with the FCAs new Consumer Duty rules, a quick reminder to those of you that have not yet started your planning, company boards must agree their implementation strategies by...
