The FCA has published guidance to support firms seeking to provide simplified advice or sales without a recommendation. The guidance, which incorporates and replaces previous guidance, has been issued following ongoing FCA policy work and a thematic review into the growth of new advice models, including simplified advice.  In particular, the FCA provides advice for […]

Post RDR/RFA we are now seeing a growth in the emergence of execution-only propositions or non-qualified employees being used to provide market views and or guidance without advice. These services are sometimes called an ‘information only’ or ‘non-advice’ service. Whilst these propositions clearly state that they are not offering advice, regulators (FCA/GFSC/JFSC) are growing increasingly […]