Industry News

FCA Thematic Review 14/5 – Supervising Retail Investment Advice (part 1)

by gcleve|21 April 2014|Industry News

The FCA has recently completed the second stage of its thematic review on how firms and advisors are implementing RDR requirements. TR 14/5 focuses on the standard for independent advice, to respond to the industry’s desire for greater clarification on what actions firms should take to meet the new independence requirements.

FCA Thematic Review 14/1 – Transition Management

by gcleve|7 April 2012|Industry News

The FCA recently undertook a thematic review of the transition management (“TM”) industry which sought to better understand the TM market, explore potential weaknesses in managing conflicts of interest and examine senior managers’ understandings of client requirements and the strength of controls.