A lack of regulatory guidance around insistent client handling could lead to the emergence of specialist firms who will seek to exploit retirees for a quick income, an adviser has warned.
Bradbury Hamilton managing director Sheriar Bradbury (pictured) said firms may start specialising in signing off business other advisers steered clear of unless the Financial Conduct Authority (FCA) intervenes....
Fifth this year
Four published FOS decisions
Admits past failings
Dividend payments now expected to fall for two consecutive years
Distance not a barrier
Second annual regulatory Perimeter Report
Debate must focus on value not cost
Due to Covid-19