The Financial Conduct Authority (FCA) has shrugged off industry concerns it may be "impossible" for advisers to conduct due diligence on peer-to-peer lending, which will be brought under suitability rules.
In a policy statement out on 21 March the regulator told advisers they "must form their own opinion" of the risk of any investment and advise their clients based on their own views. If unable to form...
Third day of election campaign
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Labelled a ‘stealth tax’