Regulator has 'failed the people that want to invest'

Bella Caridade-Ferreira calls on the industry to offer targeted support

Sahar Nazir
clock • 1 min read

The regulator has failed individuals who want to invest and offering targeted support is the best way to help people grow their savings, according to Fundscape.

Speaking at Altus Consulting's Advice Guidance Boundary Review: Solving the Investments Crisis conference today (21 May), Fundscape chief executive Bella Caridade-Ferreira said the Financial Conduct Authority (FCA) is pushing investors into products like crypto assets and has "failed the people that want to invest". "People need to invest. If an individual is buying the wrong fund, the platform is not allowed to tell them because the regulator will not allow it. It's ridiculous that they can't do that," delegates heard. Caridade-Ferreira also said the regulator has failed people who h...

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