Providers of structured products need to better assess if the investments are value for money for investors who struggle to understand them and tend to significantly over-estimate returns, the regulator has said.
Financial Conduct Authority (FCA) technical specialist Rory Percival has hinted the regulator and ombudsman are working to agree on guidelines around suitability reporting for advisers.
Wealth manager Towry is developing a new simplified advice proposition for existing clients, which it plans to roll out in the coming months, the firm has said.
Audio & Video
Professional Adviser editor Scott Sinclair welcomes this apparently pro-advice regulator, but argues it still doesn't quite get it...
Pension fraudsters are often described as ‘pushy’, but what else do we know about them? Natasha Browne investigates
As the word ‘sales’ has been forcibly removed from advisers’ vocabularies, so the use of traditional sales aids has fallen by the wayside. So, Carmen Reichman asks, how are advisers communicating with the clients of today?
Highlights from Professional Adviser
Alistair Hewit, head of cash management at Deutsche Bank Private Wealth Management UK, explains the benefits of cash as an asset class.
Andrew Lyddon, equity analyst at Schroders, explains how to spot a company that looks undervalued, but turns out to be cheap for good reason.
Enter your firm for the Professional Adviser Awards 2015, which will be held at The Brewery in London in February.
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