Firms must halt ‘double dipping’ on cash savings
- Tuesday, 12 December 2023
- Articles
The FCA is cracking down on the practice of so-called ‘double-dipping’ by investment platforms and SIPP operators whereby they keep interest on customers’ cash balances and charge them a fee for doing so.
Read more...FCA urged to consider AI impact in guidance review
- Monday, 11 December 2023
- Articles
The FCA’s Advice Guidance Boundary Review adds uncertainty rather than removes it, Chet Velani, managing director of Financial Planning fintech EV Financial Solutions has warned.
Read more...Retail investment account openings slump by 90%
- Monday, 11 December 2023
- Articles
The number of retail investment accounts opened in the last three years has slumped to just over a tenth of its peak.
Read more...Editor’s Comment: Blurred lines
- Friday, 08 December 2023
- Articles
Boundaries are essential for all sorts of good reasons. They make things clear to everyone involved what’s the right side of the line and what’s not. Blurred lines are best avoided.
Read more...