An IFA has launched a petition calling on the Financial Conduct Authority (FCA) to ban unregulated collective investment schemes (UCIS) outright.
The regulator has already banned the sale and marketing of UCIS to 'unsophisticated' retail investors, a move it took in June 2013, after its predecessor the Financial Services Authority found only one...
View from the front row
Project Libra unveiled
Including SJP and investment trusts
Spent two years at Sanlam
Will also assess FCA's actions