EU influences FCA rules to detriment of advisers, says UKIP IFA

Carmen Reichman
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UK Independence Party (UKIP) candidate Nick Lincoln has outlined his wish to cut financial regulation in the UK by ridding it of EU influence.

The Values to Vision Financial Planning owner and UKIP candidate for Watford said he wanted less, but stronger, regulation for financial advisers. UKIP is the "party of small business", he said, and will fight to rid advisers of complicated legislation coming from the European Union (EU) and being incorporated into the Financial Conduct Authority (FCA) rulebook. "We need to get back to a sensible, ethical-based regulatory system and I think leaving the EU will encourage that because a lot of the regulation of the FCA is driven by [Europe]," Lincoln (pictured) said. "We think we sho...

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