'Clear guidance' on streamlined advice shows FCA is engaged, says DT's Goss

Goss said he was impressed with the "very clear and helpful statement" from the regulator about streamlined advice and felt this was a clear sign the FCA wanted to encourage the use of simplified processes by financial advisers. "[The FCA provided] a very helpful assessment of what good practice looks like and what bad practice looks like", Goss said, "it will be very helpful for firms considering automation as part of their business, it will act as a very good checklist for firms and says ‘look, these are the things you need to think about.'" On 11 April, the FCA published its first ...