Four big banks among participants in FCA advice unit

Four advice firms also on list

Carmen Reichman
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Four big banks among participants in FCA advice unit

Four big banks are among the 17 firms accepted into the Financial Conduct Authority's (FCA) robo-advice development project 'advice unit', the regulator has revealed.

In a statement released today, the FCA named the participants in its first two rounds of the project, which aims to help firms develop automated advice and discretionary investment management model...

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