The Financial Conduct Authority (FCA) has told advisers it will be sending them yet another financial resilience survey.
The latest survey will be the regulator's fifth coronavirus-related form it has sent to advisers to help the watchdog obtain an "accurate view" of firms' financial resilience to the pandemic. Advisers can expect to receive the mandatory survey between 2 and 4 August and responses must be submitted within 15 days of receipt. "We will use the data provided, alongside existing data, to support our ongoing work. We expect to repeat this survey in the future," the FCA said. Professional Adviser asked the FCA what this fifth survey would ask, but was told that information could not be r...
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