What the FCA missed in its inducement paper

Threesixty managing director Phil Young (pictured) said the FCA had done a good job uncovering some of the things that went on "under the radar" but had failed to grasp the entire spectrum. He said: "The more the FCA is closing in on some of these things the more things go under the counter a little bit, so people are just burying things a little bit deeper. "The paper the FCA did was very good because it actually got to the heart of quite a lot of the things. But they'll probably have to get an inside view from somebody on it along the line." Young said the FCA failed to tackle so...