appointed representatives

Says some principal firms take ‘bare minimum’ approach

Access to adviser platform

Principals have ended relationships with over 1300 ARs

FCA intervention leads to number of ARs declining in recent years

"These firms operate with impunity and nobody seems to be able to stop them"

Change offers a more tailored approach for member firms

Greater onus on principals

Sante Partners to become part of the Santé Group

“The level of harm we are currently seeing is too high”

FCA’s Consumer Strategy Paper