The Financial Conduct Authority (FCA) has ruled out putting in place a long-stop for adviser liability after concluding it could unfairly impact consumers who bought long-term products.
The regulator said in its Financial Advice Market Review (FAMR) - a joint project with the Treasury - it will not put a 15-year break on the time in which complaints can be brought about advice. It...
Increasing choice and competition
Concerned about 'FANG' valuations
Screens now device-responsive
Margins remain 'thin'
First downgrade since 1989