RegulationJan 31 2014

Why the FCA advice dichotomy should be ditched

twitter-iconfacebook-iconlinkedin-iconmail-iconprint-icon
Search supported by

The Financial Conduct Authority should ditch requirements for advisers to describe themselves as ‘independent’ and ‘restricted’, according to the Association of Professional Financial Advisers. In a video interview Chris Hannant, director general of the trade body, says the regulator’s labels fail to help consumers understand what service they are getting.