FCA issues fresh warning to advisers over total cost of investments

Risk of offering poor value for money

Tom Ellis
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Christopher Woolard: "We need to add up that total cost."
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Christopher Woolard: "We need to add up that total cost."

The Financial Conduct Authority (FCA) has told advisers to pay closer attention to the total cost of the investment chain, warning clients were at risk of receiving poor value for money.

In its Business Plan for 2017/18 published on 18 April, the regulator said advisers "may give insufficient attention to the total cost of investment products and of advice", which it argued could result...

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