Advisers may need new permissions under banking rules

Advisers have been warned they may need to apply for new permissions if they want to offer services such as a pensions dashboard. Speaking at the Chartered Institute for Securities and Investment’s financial planning conference yesterday (27 September), Ian McKenna warned that advisers could have to apply for authorisation under the Payment Services Directive 2.

Sourced through Scoop.it from: www.ftadviser.com

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