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....
And other investors
Ahead of December deadline
Advisers should reconsider process
In preparation for December deadline
Consultation closes on 30 October
Lost to Labour's Mick Whitley
Landslide win for Tories