RegulationMar 19 2024

FCA consults on potential redress liability requirements for PIFs

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FCA consults on potential redress liability requirements for PIFs
Personal investment companies include firms that mainly provide advice and arrange deals in retail investment and pension products (Ckstockphoto/Envato)
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The Financial Conduct Authority is consulting on the introduction of new capital requirements for personal investment companies that will require these firms to manage their potential redress liabilities more prudently.

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