UK - Consultants have been warned that they must be prepared to take on increased liabilities if they launch their own investment products.
A senior consultant – who does not wish to be named – says firms will need to be capitalised and run to FSA standards. But he believes this will be difficult for limited liability partnerships b...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date