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...
Lied to FCA for several years over qualifications
Integrate net zero targets into regulation
Will be sent later this month
Follows Lord Hill listing recommendations
Published 30 March
PA's Good News Bulletin
Canaccord Genuity is acquiring the wealth management business of private bank Adam & Co from Royal Bank of Scotland in a £54m deal.
'Lower than ever reward'