Discretionary fund managers (DFMs) are facing growing pressures to standardise managed portfolio fees as the Financial Conduct Authority (FCA) considers warning advisers against using any service where costs are not clear.
The regulator is understood to be reviewing its suitability guidance with a view to publishing a full thematic review into adviser due diligence. As part of this, the regulator is expected to touch upon...
More than 4,500 retail investors affected
Retail savers pull almost £5bn from equities in Q3 2019
Latest research from BofAML
Advisers should reconsider process
In preparation for December deadline