The Financial Conduct Authority (FCA) is generally "encouraged" by adviser firms' responses to its ban on inducements, though it fears some may still be receiving inappropriate payments, FCA director of policy David Geale has said.
Advisory firms and product providers share a responsibility to manage conflicts of interest, such as payments which may encourage the recommendation of one product over another, the regulator stipulated...
Cautious, Balanced & Dynamic Growth
Cowardly, boring or sensible
Latest news and analysis
‘Most significant’ upgrade since launch
Changes happening over coming months