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Advisers can’t professionalise without Approved Persons regime

vickyhartley
Written By:
Posted:
September 12, 2011
Updated:
September 12, 2011

Richard Adams, founder of advice firm and network Stonebridge Group said the FSA’s decision to drop the Approved Persons requirement continues to hold back the mortgage advice market.

Rogue advisers continue to flit from network to network, said Adams, and until the Approved Persons test is mandatory for all networks, this won’t change.

In this exclusive MS video One to One, Adams also offers an update on the network’s successful expansion strategy, its latest partnerships and new provider panel.