Armchair critic: Bridging the industry hospitality gap

On the one hand, providers are naturally keen to make sure they are not in breach of the Financial Conduct Authority (FCA) inducements guidelines, while advisers polarise between those who say they are unaffected and others who think restrictions fly in the face of normal commercial practice in any sector. The FCA is also polarised between saying there is nothing new in this guidance, and then saying there is. What it has said – which is quite useful and fair – is that all parties must take responsibility for such things. Providers should not seek to push the boat out as far as they migh...