Three's a charm: Why firms are failing on financial promotions

Three's a charm: Why firms are failing on financial promotions

clock • 5 min read

Rebecca Prestage takes a look at the key points to come from the regulator's most significant announcements on the topic and offers her tips on how to ensure the rules are adhered to...

With the ever increasing use of social media, the Financial Conduct Authority (FCA) has been in extensive dialogue with the industry over the past 18 months to ensure financial promotion rules are met and that they are fair, clear and not misleading. Financial promotions are often the first contact a consumer has with a financial product or firm and, in support of its early intervention approach, this is clearly a primary focus of the regulator in its pursuit of reducing detriment to consumers. Let's take a look at some of the key points to take from the regulator's announcements on t...

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 proposes advisers and platforms 'must' communicate SDR labels

FCA proposes advisers and platforms 'must' communicate SDR labels

Distributors also must provide access to consumer-facing disclosures

Isabel Baxter
clock 23 April 2024 • 1 min read
Scenario modelling: Meeting the FCA's retirement expectations

Scenario modelling: Meeting the FCA's retirement expectations

Meeting regulatory standards and maximising good client outcomes

Stephen Ford
clock 22 April 2024 • 5 min read
FSCS declares Glasgow firm Atlantic Investors (Scotland) failed

FSCS declares Glasgow firm Atlantic Investors (Scotland) failed

The firm was voluntarily wound up by its director at the end of 2020

Hope Coumbe
clock 22 April 2024 • 1 min read