News Round Up

There are two big events for advisers this week with submissions on the updated draft Code of Professional Conduct for Authorised Financial Advisers (AFAs) closing and the IFA's annual conference.

This is the final opportunity for stakeholders to comment on the Code before it is recommended to the Commissioner for Financial Advisers.

The document is also relevant to QFEs as the amended Financial Advisers Act (FAA) specifically requires the conduct and competence requirements of their advisers offering personalised services to retail clients on category 1 products to be benchmarked against the Code. 

Submissions, which can be made on an informal basis, are due before 5pm, Wednesday 21 July