Advice firms are under significant strain at the moment as a result of rising costs, heavier work loads and increasingly stringent regulations, Embark has said.
The results of Embarks latest investor confidence barometer, published today (May 16), showed that on top of these general concerns, many advisers are still not ready for the consumer duty. Experts give their comment:
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Link to Original Article: Financial Times - A Third of advisers unprepared for FCA's consumer duty