Russell Hutchinson Opinion

Recent M&A activity, what is driving it and what it means

Friday 11th of March 2022

First FSLAA impacts – we believe current estimates overstate the number of advisers in the new regime. Estimates of the number of FAs in the new regime are based on application data by FAPs.

As each transitional license application was made the FAP was required to estimate the number of FAs it intends to employ. It has to be said, fairly enough that this is the best formal estimat...

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