Editor’s Comment: The true cost of bad advice
- Friday, 01 December 2023
- Articles
The true cost of bad advice, and more importantly what it’s going to cost, moved into the spotlight this week with the FCA’s headline-making proposals to compel most financial advice firms, some 5,000, to set aside reserves for the cost of bad advice.
Read more...FCA gives investment companies disclosure boost
- Friday, 01 December 2023
- Articles
The FCA has published details of temporary measures which will give investment companies a chance to improve cost disclosure.
Read more...Advisers face setting aside up to 28% of liabilities - FCA
- Wednesday, 29 November 2023
- Articles
Proposals from the FCA would require investment advisers to set aside a minimum of 28% of potential liabilities in advance to compensate investors if bad advice is given.
Read more...FCA 'polluter pays' proposals cautiously welcomed by Planners
- Wednesday, 29 November 2023
- Articles
The FCA’s plans to make investment advisers set aside funds in advance to compensate investors if bad advice is given have been cautiously welcomed by Financial Planners.
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