SimplyBiz launches Appointed Representative support programme

To support new FCA requirements

Jaskeet Briah
clock • 1 min read

SimplyBiz has launched a new appointed representative (AR) support programme for both AR and principal firms.

Following new changes implemented by the Financial Conduct Authority (FCA) to the AR regime last year, the programme has been created to offer support and guidance around the provisions for the new reporting requirements and annual assessments, ahead of the 28 November deadline. The programme includes an audit, which is now an annual requirement under the new AR rules, alongside a guide and resource library. It will review and assess the "effectiveness and robustness" of an AR's internal systems, controls, procedures, and reporting to the principal firm, SimplyBiz detailed. This wi...

To continue reading this article...

Join COVER for free

  • Unlimited access to real-time news, key trend analysis and industry insights.
  • Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
  • Receive breaking news stories straight to your inbox in the daily newsletter.
  • Members only access to monthly programme 'The COVER Review'
  • Be the first to hear about our CPD accredited events and awards programmes.

Join now

 

Already a Cover member?

Login

More on Adviser / Broking

The psychology of insurance

The psychology of insurance

Understanding decision-making

Jaskeet Briah
clock 23 April 2024 • 5 min read
SimplyBiz pens partnership for advisers to tackle climate change

SimplyBiz pens partnership for advisers to tackle climate change

Net Zero Financial Adviser Protocol now available to members

Jaskeet Briah
clock 22 April 2024 • 1 min read
Rosemount appoints Contractor Financial as AR

Rosemount appoints Contractor Financial as AR

Advice for contractors and the self-employed

Jaskeet Briah
clock 19 April 2024 • 1 min read