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...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Regulation

FCA to cut red tape for investment firms in bid to streamline regulation

FCA to cut red tape for investment firms in bid to streamline regulation

Volume of legal text cut by 70%

Linus Uhlig
clock 24 April 2025 • 2 min read
Zero cases of non-financial misconduct opened by FCA in two years

Zero cases of non-financial misconduct opened by FCA in two years

A Freedom of Information request has found

Cristian Angeloni
clock 22 April 2025 • 3 min read
Emma Reynolds: Targeted support is 'exciting opportunity' but 'we need to get it right'

Emma Reynolds: Targeted support is 'exciting opportunity' but 'we need to get it right'

‘Need strong consumer protection in place’

Jenna Brown
clock 22 April 2025 • 3 min read