FCA on inducements: Good and bad practice by sector

With the paper stipulating that conflicts need to be tackled even before they have actually occured - potential conflicts - the FCA has suggested advisers should review their relationships with providers before problems arise. Here's a round-up of what the FCA found during the research for its thematic review to help guide what the regulator is looking for.  The findings are broken down by key areas in which inducements between advisers and providers are likely to occur. IT development and maintenance The FCA said advisers were allowed to receive money from providers to develop t...