Nothing out of the ordinary

Hamilton, Peter
July 2009
Money Marketing;7/23/2009, p28
The article offers his views on the legal side of the British Financial Services Authority (FSA) proposal to introduce new professional standards of competence for independent financial advisors (IFAs) in 2009. He states that there is difference to the new regulatory proposals and they will not create more burden to IFAs because the under the general rule, IFA are obliged to render their consumers contractual duties. He cites that the proposals only manifest the requirements of the general rule.


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