The Financial Conduct Authority (FCA) has found breaches to Principle 8 regarding conflicts of interest in half of the firms it reviewed as part of a report into inducements between advisers and providers.
The results of the FCA's thematic review highlighted "serious concerns" and a "poor management culture" in some firms whose actions have the effect of undermining the objectives of the Retail Distribution...
IHT’s sting in the tail
After independent panels' annual reviews
Due-diligence must be driving force
Huge disparity between charges
Follows Complaints Commissioner reports