More work needed on 'adviser transparency' - FCA chief

Carmen Reichman

The Financial Conduct Authority (FCA) is still concerned about transparency in the advice space, especially in relation to charging and independence, chief executive Martin Wheatley has said.

He said the regulator had received consumer reports on the two issues that were 'a concern'. Wheatley added although the FCA considered transparency to be in "net positive territory" as a result of...

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