Sentiment survey: Bridges to build
The latest Sentiment Survey charts brokers’ expectations of the Financial Conduct Authority, the future of telematics and reactions to compulsory commission disclosure. Andrew Pearce reports
For an incoming regulator vowing to “shoot first and ask questions later” the broker feedback from the latest Sentiment Survey will provide food for thought.
Over half the respondents expect the new regime to be more costly, 45% believe it will be ‘more bureaucratic’ and well over a third feel that the Financial Conduct Authority (FCA) will be ‘more intrusive’. And if none of this is especially surprising given the impact of recent Financial Services Compensation Scheme charges, surely the
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