We can forget simplified advice without simplified regulation, writes Derek Bradley
I am becoming very worried about UK plc. With our industry battered beyond recognition by claims of mis-selling and rate fixing, the impact of high-frequency trading and dark pools reaching ever more epic proportion and with much of the blame laying at the doors of banks, I cannot see simplified advice (something that the Financial Conduct Authority (FCA) is looking at creating because Retail Distribution Review made the void that now needs to be filled) getting anywhere soon. Simplicity of financial advice delivery it seems is difficult to define. There is considerable uncertainty an...
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