The Financial Conduct Authority (FCA) has failed to provide clarity and reassurance over the development of simplified advice models in its latest consultation, according to eValue strategy director Bruce Moss.
The regulator's interpretation of its own regulations "is consistently caveated by the words ‘depending on the circumstances'," and is therefore unclear, Moss said. A guidance consultation published...
Follows McVey's resignation
Schroders and Aviva Investors
LightTower Partners, Seneca Partners and Unicorn AM
Integration with Money Dashboard
View from the front row