Advice: Amending the Definition

Of relevance to: Investment advisory firms; all firms undertaking ‘advising on investments’ The publication in March of the ‘Financial Advice Market Review’ (“FAMR”) was the final report on this joint FCA and HM Treasury initiative – Regulatory Roundup 74 provided an overview. As commented then, one of the recommendations was [...]

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Adviser Charging and Services

Results of Thematic Review Following a recent Thematic Review (TR 14/21) the FCA has announced seen evidence of increasing professionalism of the financial advice sector. Disclosure of services and adviser charges There has been an improvement in firms’ disclosure of their services and charges though the FCA remains concerned that [...]

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