Providing Consumer Duty-compliant customer support is the biggest challenge advisers are contenting with six months on from implementation of the rules, according to research.
Advisers have given a positive response to the Financial Conduct Authority and HM Treasury’s advice/guidance review released on Friday (8 December), but some have noted that the lines between regulated advice and guidance must not be blurred.
Financial advice firms risk losing clients if their advisers are not proactive well ahead of this Isa season, IFA firm Continuum has warned. Economists are forecasting a fall in interest rates starting next year.
Catch up on Money Marketing's most popular stories this week. FCA bans two advisers for ‘careless and incompetent’ BSPS advice and FCA announces ‘polluter pays’ proposals. Read more below: FCA bans two advisers for ‘careless and incompetent’ BSPS advice The Financial Conduct Authority has prohibited Nigel Lewis and