The Financial Conduct Authority (FCA) has taken inspiration from an unusual source as it seeks to help advice firms communicate their services and charges clearly - a window sticker that has appeared on all new cars sold in the US since 2008.
In a discussion paper published on 25 June, the regulator said investment advisers should do more to communicate their offerings to potential customers. It suggested a label (see below) detailing whether...
'No viable alternative'
Assist customers to get better deal
3 March 2020
CIO Stephen Jones will take up UK duties on an interim basis
Should discuss with their clients