The CEO of adviser acquirer Fairstone has hit out at rival consolidators who are facing regulatory scrutiny over their acquisition processes, saying some are driving their profits through high charges to clients.
The Financial Conduct Authority (FCA) has written to adviser consolidators to probe how they deal with acquired clients in an information gathering exercise designed to get to know the market. The regulator...
Caring for children and elderly relatives
Similar to June 2007
Square Mile’s series of informal interviews
Fine reduced to £60,000
Two roles created