Firms have not changed the way they assess clients' suitability in 20 years, but new guidance from the FSA pulls no punches, writes Bob Freeman, vice-president of Voyant UK.
The FSA has come out fighting in its latest guidance consultation on assessing client suitability. From the opening paragraph, the regulator takes a consumer-focused approach that is, in our opinion, openly...
Divorcees more likely to be in debt
IA sectors – help or hindrance?
Despite multiple complaints
Annuity market worth £4bn in 2017