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FCA to ban funeral plan commissions from 2022

 

The FCA will ban commissions on funeral plans from 29 July 2022 when it begins to regulate the funeral plans market for the first time. 

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26% of revenue earned by advisers was commission

Commission accounted for 26% of revenue earned by advisers in 2016, an FCA report found.

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Commission: 45% of advisers may back return, survey suggests

About 45% of financial advisers might back a return to commission for some investment products, a survey has suggested.

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FCA: Investment managers falling below standards

The Financial Conduct Authority has reported a number of investment managers have fallen below the standards it expects after carrying out a review. Read more...
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