The Financial Conduct Authority (FCA) is launching a study of the cash savings market, examining how accounts are sold and obstacles to switching among other aspects.
More than four-fifths of adults in the UK with cash holdings in the region of £1.2trn have a savings account, according to the regulator. Its study will assess whether competition in the market is working...
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Advisers should reconsider process
In preparation for December deadline
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A storm has caused havoc in the adviser platform market over the last couple of years, says Tom Ellis, but advice firms will no doubt be expecting to see some sunshine soon
£3.4bn released last year