Monday, January 24, 2011

Regulation for financial advisers


Investment advisers must hold accreditation in order to operate in the UK from the start of 2013, the City watchdog has announced.

The change comes after a long-running review by the Financial Services Authority (FSA) that aims to bolster public confidence in financial advice.

An adviser will need to sign up to a code of ethics, be qualified and have up-to-date knowledge.

See full Article.