PIMFA calls for clarification over ‘confusing’ FCA consultation paper

PIMFA, the trade association for investment managers and financial advisers, has described the recent FCA consultation paper (CP) ‘Our Framework: Assessing Adequate Financial Resources’ as ‘confusing’.

Ian Cornwall (pictured), Director of Regulation at PIMFA says: “The FCA needs to give further clarification regarding this CP – feedback from our member firms has indicated that there is confusion about the status of this document.

Premium Content

To continue reading this content, please subscribe for free.