Blog: FSA crackdown on adviser attire welcome

clock

It's not often I praise the FSA but I must say the concept of insisting advisers dress according to a certain code makes complete sense to me.

Following IFAonline's story today about the regulator proposing independent advisers wear neutral colours, restricted advisers don red and multi-ties "mix and match", I really think we could be on to something here. The public has become well-used to the traffic light system with regards food - so why not use it for financial advice? There is an old adage - if you look the part, you'll act the part - and I think the public expects that of advisers. It also makes complete sense if you think of it in the context of solicitors and accountants. They tend to dress in sober, dull, con...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

Investment performance 'far from most important thing' in advice

Investment performance 'far from most important thing' in advice

Investment performance has an impact but not most critical factor in advice

Sahar Nazir
clock 19 November 2024 • 1 min read
Plugging the gaps: Revisiting risk profiling tools

Plugging the gaps: Revisiting risk profiling tools

Risk profiling tools can vary considerably

Julie Hardie
clock 19 November 2024 • 5 min read
Wealth managers expect AI to increase revenues by 12% by 2028

Wealth managers expect AI to increase revenues by 12% by 2028

PwC: AI to drive revenue growth in asset management

Cristian Angeloni
clock 19 November 2024 • 2 min read