When the Financial Conduct Authority (FCA) undertakes a review of the advice sector it will find it to be "non-competitive" and take subsequent action, said Rory Percival.
The consultant said the financial watchdog is likely to follow up its platform market study and asset management study with a review of the advice market. "When the regulator gets around to doing a...
Appetite has suffered since Brexit vote
'Failure to pay attention can result in enforcement'
200,000 LISAs opened so far
From June 2019
11 years since launch of three Chartered titles