Most clients go to an adviser primarily for practical reasons but many value the emotional reassurance the process brings them, research from Standard Life has found.
With the RDR coming into force at the end of this year, the distribution model of the long-term savings industry is undergoing a radical transformation. Newcomers are entering the market whilst the adviser market is shrinking. Product providers are...
The test of the Financial Conduct Authority (FCA) will be whether it prevents toxic products from entering the market, Consumer Focus has said.
The Financial Conduct Authority (FCA) offers a "huge opportunity" for the regulator and businesses to start afresh, Martin Wheatley has said.
The Financial Conduct Authority (FCA) should establish "clear and measurable" objectives to make it more accountable, the Association of Independent Financial Advisers (AIFA) has said.
The Financial Conduct Authority (FCA) has said it will improve communication with firms and be clearer about what it expects.
Consumers who have suffered financial harm will be compensated quicker through the Financial Conduct Authority's (FCA's) enforcement process.
The Financial Conduct Authority (FCA) will likely "go further" than the Financial Services Authority (FSA) in challenging providers on their products' target markets and charges.
An incoming regulatory body responsible for insurance companies will allow firms to collapse under a new approach.
The disclosure of warning notices is a key part of the government's vision for the Financial Conduct Authority (FCA) but the power will be scrapped if used inappropriately, the House of Lords heard.