A lack of regulatory guidance around insistent client handling could lead to the emergence of specialist firms who will seek to exploit retirees for a quick income, an adviser has warned.
Bradbury Hamilton managing director Sheriar Bradbury (pictured) said firms may start specialising in signing off business other advisers steered clear of unless the Financial Conduct Authority (FCA) intervenes....
Two global vehicles
'Further plug advice gap'
Must appoint separate CEOs and boards
Advisers do come out well
Will report to Mark Till