FCA tells advisers to work from home

Coronavirus statement

clock • 2 min read

The Financial Conduct Authority (FCA) has told advisers to work from home if they can.

The FCA issued guidance for senior managers, echoing the government's guidelines for people who could work from home to do so. "Each firm's designated senior manager or equivalent person is responsible for identifying which of their employees are unable to perform their jobs from home, and have to travel to the office or business continuity site," the FCA said. "We expect the total number of roles requiring an ongoing physical presence in the office or business continuity site to be far smaller than the number of workers needed to ensure all of a firm's business activities continue to...

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

A twenty-year industry retrospective from RSMR's Ken Rayner

A twenty-year industry retrospective from RSMR's Ken Rayner

'The only constant in life is change'

Ken Rayner
clock 27 November 2024 • 4 min read
Majority of advisers offboarding more clients than usual

Majority of advisers offboarding more clients than usual

Advisers expect offboarding to increase in next 12 months

Sahar Nazir
clock 27 November 2024 • 1 min read
PA Awards 2025: Provider shortlists revealed!

PA Awards 2025: Provider shortlists revealed!

Recognising the best in multi-asset and MPS investing, paraplanning, Consumer Duty, and more...

Professional Adviser
clock 27 November 2024 • 2 min read