28th May 2013

Panacea Adviser joins forces with CEI Compliance

London, 28 May 2013 – Panacea Adviser, the online community resource for directly authorised adviser firms, today announces its partnership with CEI Compliance, the financial services regulatory risk, compliance and strategic consultancy. 

Following Panacea Adviser’s recent launch of Social Stream, allowing advisers to engage with and educate their customers through social media channels, site users can now access CEI Compliance’s free social media e-book. This online handbook provides information on how to take advantage of social media whilst remaining compliant with new and emerging regulation and also explains how firms can develop robust corporate policy mandates surrounding social media. 

Panacea Adviser users will also have access to a range of CEI Compliance services, including creation and regular assessment of bespoke risk management systems, design of TCF business development plans, help with procedures such as such as recruitment, complaints handling and training and support across compliance issues. 

Derek Bradley, CEO of Panacea Adviser, commented: “Working with CEI Compliance will help our community ensure their systems are fully compliant with the FCA’s latest updates as well as monitoring their risk register. 

“After the successful launch of Social Stream, we are also excited about enhancing our social offering to site users with the free e-book. Many advisers are apprehensive about entering the social space due to regulatory concerns and this guide has been specifically designed to address these issues.” 

Lee Werrell, Managing Director of CEI Compliance, added: “We have long been impressed with Panacea Adviser’s unique standing in the market and so it seemed a natural step to create this partnership. It is more important than ever for advisers to develop their offering whilst abiding by the new regulator and we are excited to help Panacea Adviser’s community achieve this.”

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