Left a little hazy by this year's blur of regulation, charging changes and other investment news? Not to worry, Professional Adviser will catch you up on the 10 need-to-know stories from 2017 ...
1. FCA issues fresh warning to advisers over total cost of investment In its Business Plan for 2017/18, published in April, the regulator told advisers to pay closer attention to the total cost of the investment chain, warning clients were at risk of receiving poor value for money. The FCA said it had detected issues during its Asset Management Study, which looked at the value consumers receive through the whole retail investment value chain, including platform and advice costs. 2. FCA flags concerns about advice suitability and cost In its Sector Views paper released alongsi...
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