FAMR should include review of Key Features Illustrations - AJ Bell
Two-thirds of advisers agree
AJ Bell has called for a regulatory review of Key Features Illustrations (KFIs), arguing they have been overlooked and in their current form are 'not fit for purpose'.
The provider said the Financial Advice Market Review (FAMR) should be widened to include a reworking of KFIs as they fail to explain both charges and products to clients effectively. Alternatively,...
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