Andy Bell writes to new FCA chief over 'wrecking ball' investment pathways policy

‘Fundamentally flawed’

Hannah Godfrey
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Andy Bell: “The regulator appears to be conducting a huge experiment with thousands of drawdown investors."
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Andy Bell: “The regulator appears to be conducting a huge experiment with thousands of drawdown investors."

AJ Bell founder Andy Bell has written to new FCA chief executive Nikhil Rathi, arguing the implementation of ‘investment pathways’ will be dangerous for drawdown consumers.

Bell, who co-founded AJ Bell in 1995, warned the new Financial Conduct Authority (FCA) chief that while the pathways policy was well-intentioned, in reality, it is "fundamentally flawed" and "will not...

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