The Consulting Consortium's Ian Stott has outlined a number of steps for firms and advisers to take to ensure they are compliant with new rules governing the recommendations of unregulated collective investment schemes (UCISs)...
The latest Financial Services Authority (FSA) consultation paper on UCIS proposed a ban on the sale of the products and close substitutes to 'ordinary' retail investors. You can read about the FSA's proposals HERE, then make use of the following steps to ensure your business is compliant with the regulations...
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