The Financial Services Authority (FSA) has said general rules governing the handling of clients' medical information by advisers are sufficient after concerns were raised by a provider.
The regulator said its rules do not specifically cover advisers' roles in submitting applications for protection insurance, but are focussed on consumer outcomes, which it said provided adequate safeguards....
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An estimated £2.75bn
Outflows from UK equity funds gathered pace in August, with £2.6bn of assets being pulled from the market area over the course of the month, according to Morningstar’s latest fund flows report.
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