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Thinking of arranging a spinoff company to the practice offering, wealth management and financial services. Obviously need to ensure its outside any FSA regulation and interested if anyone has set up similar and how they structured it.
No staff are being engaged by the company, all FSA work will be undertaken by local IFA independently to company, so one possibility is it is purely a commission based company?
No staff are being engaged by the company, all FSA work will be undertaken by local IFA independently to company, so one possibility is it is purely a commission based company?
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bump..
or anyone working for a firm who offers this?0 -
I don't but thinking logically if you have an introducers agreement with the IFA from that company then you are only acting as an introducer and should be outside FSA Regs.Regards,
Burg0
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