The FCA has set out key areas that investment firms must focus on after it was instructed to assess risks posed by open-ended funds investing in the fixed income sector.
A 'bizarre' situation has been created for both Sipp operators and their members due to a ‘perfect storm’ of regulation, a Chartered Financial Planner says.
An FCA probe into 13 advisory firms found many failed to show consistently good practice when undertaking research and due diligence across all products and services.
There is a place for a return to commission in some form and it may help to overcome some of the imbalances in the current system, some advisers have suggested.
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