When the Financial Conduct Authority (FCA) undertakes a review of the advice sector it will find it to be "non-competitive" and take subsequent action, said Rory Percival.
The consultant said the financial watchdog is likely to follow up its platform market study and asset management study with a review of the advice market. "When the regulator gets around to doing a...
Lost permissions two years ago
Advisers need to respond to FCA
Fifth this year
Four published FOS decisions
Good News Bulletin
An estimated £2.75bn
Outflows from UK equity funds gathered pace in August, with £2.6bn of assets being pulled from the market area over the course of the month, according to Morningstar’s latest fund flows report.
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