TITLE

Nothing out of the ordinary

AUTHOR(S)
Hamilton, Peter
PUB. DATE
July 2009
SOURCE
Money Marketing;7/23/2009, p28
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
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.
ACCESSION #
44053339

 

Related Articles

  • 'Grandfather loopholes are being used to avoid LTC exams'. Tryphonides, Andrea // Money Marketing;12/1/2005, p8 

    The article reports on the move of financial advisers to employ grandfathering rules of the British Financial Services Authority in avoiding the compulsory long-term care examinations. Some companies are requesting to the agency to change this rule regarding long-term care examinations. The...

  • Ring of competence. Richards, Keith // Money Marketing;8/13/2009, p16 

    In this article, the author discusses the importance of a proposal by the Financial Services Authority (FSA) to introduce Qualifications & Credit Framework (QCF) level four work-based assessments in Great Britain. The author asserts that the effort gave financial advisers a way to maintain...

  • RDR enters round two. Patel, Mona // Money Marketing;1/10/2008, p26 

    The author reflects on the commitment of the Financial Services Authority (FSA) to high professional standards across financial services industry in Great Britain. She contends that the industry that maintains such standard is more likely to offer good service, best advice and maintain customer...

  • Skill bill. Martin, Ivan // Money Marketing;4/2/2009, p42 

    The article presents the author's views on the professional standards set by the Financial Services Authority (FSA) for independent financial adviser (IFA) in Great Britain. He urges the FSA to set professional standards that allow less qualified IFA to continue to operate with a more limited...

  • Financial advisers battle to file online returns. Hadfield, Will // Computer Weekly;9/27/2005, p8 

    This article reports that thousands of independent financial advisers have spent the past 10 weeks battling to file online regulatory returns with the Financial Services Authority (FSA) of Great Britain. The FSA has pressed ahead with the introduction of mandatory online filing despite being...

  • No plan to move up to level six.  // Money Marketing;3/17/2011, p10 

    The article reports that the Financial Services Authority has no plan to raise the minimum adviser qualification to qualifications credit framework (QCF) level six in Great Britain.

  • The age of reason. North, Kim // Money Marketing;3/17/2011, p48 

    In this article, the author comments on the failure of the Financial Services Authority (FSA) to provide the average age of financial advisers as well as to evaluate the retail distribution review (RDR) in Great Britain.

  • Influence the outcome. Bedford, Andrew // Money Marketing;01/31/2002, p16 

    Comments on the proposal of the Great Britain Financial Services Industry to end polarization of the business models of independent financial advisers (IFA). Two options for an IFA; Factors that will affect the decision of IFA to become an adviser by being multi-tied or be in a whole market...

  • OUTSIDE EDGE: DAVID FERGUSON. Ferguson, David // Money Marketing;01/31/2002, p36 

    Discusses the impact of the proposal of the Great Britain Financial Services Authority (FSA) on the fund management sector. Options left for the asset managers in case the proposal of the FSA was implemented; Reason for the exclusion of asset managers from the multi-tied sector; Percentage...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics