IFA warning over compliance forms
Brokers may have to do more than they think to comply with regulation by the Financial Services Auth...
Brokers may have to do more than they think to comply with regulation by the Financial Services Authority, according to Kean Seager, chairman of independent financial adviser network Whitechurch Securities.
Seager pointed out that while application forms for intermediaries are only 30 pages long, questions have wide-ranging implications. He said: "It all seems easy to complete but brokers must watch out. For example, question 38 asks whether firms will be compliant with the FSA's training and
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