Blog: It's time caveat emptor meant something

The Financial Conduct Authority (FCA) prides itself on being a pre-emptive, consumer outcomes-focused regulator, and rightly so. But it's time for consumers to step up their game and start taking responsibility for their own actions. It's understandable the FCA wants to ensure firms are transparent and give consumers an overview of the costs and services involved when seeking financial advice or buying a financial product. But not all firms are bad and the FCA's habit of micro managing the industry has been seen to achieve the undesired side effect of frightening firms into inaction, ...