The UK’s City watchdog has issued new finalised guidance on what it considers to constitute the provision of regulated retail investment advice and personal recommendations. The Financial Conduct Authority (FCA) finalised guidance (47-page / 741KB PDF) updates and finalises the FCA’s position on retail investment advice as previously set out in the July 2014 guidance […]

One of the central objectives of the RDR is to remove the risk of prejudice to consumers arising from conflicts of interest resulting  from remuneration arrangements between investment product providers and advisory firms. On 16 January 2014, the FCA published its final guidance (the Guidance) on inducements and  preventing conflicts of interest, as set out […]