Wealth management firms say they are being “crippled” by suitability requirements as the Financial Conduct Authority (FCA) increases its scrutiny of the sector.
Under existing FCA rules, firms have to provide suitability reports to every retail client to whom they make a personal recommendation. A number of firms have gone further, instigating suitability reviews...
Protect remaining investors
Consumers are allowed post-purchase remorse, why not democracy?
Volatility is 'trial and error'
50% chance of cut next month
How far should firms take their strategies?