Consolidators focusing on ongoing revenue streams could incentivise advisers to needlessly recommend products with an ongoing advice requirement, the Financial Conduct Authority (FCA) has warned.
In the FCA's latest sector views statement, published on Tuesday (18 February), the financial watchdog raised concerns about advisers being incentivised to recommend products with an ongoing advice requirement...
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The fact that emotions can so significantly impact investment decisions means the issue is becoming ever more important for advisers