'For those yet to fully embrace Consumer Duty it is simply wishful thinking'
FCA rules are expected in late 2025
Case brought as part of FCA-led global crackdown on illegal promotions
Firms that the FSCS has confirmed as failed since the start of 2023
Six DFMs share their views
Advisers, providers and trade bodies call for clarity as consultation closes
'If we lose sight of the SMCR's fundamental purpose we risk undoing years of progress'
Initially covers UCITS funds issued in most EU and EEA member states