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Majority of investment and advice firms say pandemic has been good for business

News Team, 07/01/2021

Sheldon Mills, executive director of consumers and competition at the FCA

While the Financial Conduct Authority (FCA) has today identified 4,000 firms at heightened risk of failure, the relative resilience of the wealth and investment management sectors also showed in the regulator’s latest piece of work.

The FCA’s coronavirus financial resilience survey collected data from 23,000 of the 49,000 solo-regulated firms in the UK, with th...


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