The Financial Conduct Authority (FCA) has provided what it hopes is further clarity on the boundaries of advice and information when building decision tree based investment models, following concerns about the clarity of its initial suggestions.
In final guidance published on 22 January, the FCA said it sees decision trees as tools which can deliver both 'generic advice' (information only) and 'personal recommendations' (regulated advice), depending...
'Cannot normalise this level of loss'
Plus online scams
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Check suitability of advice
131 firms have authorisations revoked
From the horse's mouth