Marketwatch
Advisers can’t professionalise without Approved Persons regime
Richard Adams, founder of advice firm and network Stonebridge says 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, says Adams, and until the Approved Persons test is mandatory for all networks, this won’t change.
In this exclusive MS one to One, Adams also offers an update on the network’s successful expansion strategy and its latest partnerships and its new provider panel.
