TITLE

Factoring would help advisers hold middle ground

PUB. DATE
July 2009
SOURCE
Money Marketing;7/30/2009, p21
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports on the Financial Services Authority (FSA) in Great Britain which allows factoring arrangements to proceed after regulatory and disclosure requirements. It mentions that the FSA allowed factoring for situations in which financial advisers are driven away from servicing middle-income clients. It states that distributors are working to offer their own commercial factoring arrangements.
ACCESSION #
44210908

 

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