FCA
Best Practice | 17 Nov 22
Most advisers rely on portfolio performance to evidence value
This fails to measure the planning and emotional support that clients get from IFAs
Consumer Duty needed to restore ‘failing public confidence’
FCA chief executive wants the regulation to help bring down FSCS levy and number of FOS complaints
Best Practice | 16 Nov 22
Consumer Duty to force wealth firms to rethink business models
While white paper says the regulation will bring adviser-platform relationship closer
Eight UK firms enter liquidation after regulatory action
The FCA issued consumer warnings and restrictions against them throughout 2021 and 2022
FCA will ‘take action’ over firms miscalculating DB transfer redress
Ongoing fund costs and adviser charges are not being taken into consideration