The Financial Services Authority (FSA) has begun a new phase of its review into wealth management, focusing on client outcomes.
The Financial Services Authority (FSA) has told paraplanners they should challenge their financial advisers on suitability letters to help meet regulatory requirements and improve relationships with clients.
The Financial Services Authority (FSA) should extend its guidance on investment-switching suitability to consider volatility and risk, according to Skandia Investment Group.
The Financial Services Authority (FSA) has warned shareholders in industrial and provident societies about the suitability of their investments and the risks they face.
European legislators have proposed changes to client suitability requirements which imply an investor's suitability to, and knowledge of, financial services products can be deduced by their educational background or profession.