Wealth management trade association PIMFA has urged the government to tighten rules around unregulated financial products, arguing that these advertisements should become a regulated activity.
HM Treasury has just concluded a three-month consultation, during which it admitted that the current requirement for an authorised firm to approve the financial promotion of an unauthorised firm may not safeguard consumers.
Currently, any authorised firm can approve any financ...
Start a free trial now for access to breaking news and cutting edge analysis of the wealth management industry.
You are currently not logged in,
login to view the full article
start by clicking this button.
Need a subscription,
fill out the form here or
contact subs@thewealthnet.com
PAM Insight is the world’s leading independent provider of essential specialist news, analysis and comparative data for the fast-evolving world of wealth management.
Read more about PAM
