The FSA has warned it will review promotions for Sipp and VCT offerings after recent research sug...
The FSA has warned it will review promotions for Sipp and VCT offerings after recent research suggested firms are breaking regulatory guidelines. According to Financial Promotions Bulletin, a sample of Sipp material found only half of press and 22% of web promotions met the standards that applied from 6 April. As a result, the FSA said it will review Sipp promotions again now the wrapper has come under its jurisdiction. Problems highlighted in the review include adverts that gave the perceived advantages of Sipps without mentioning disadvantages or the fact that charges ...
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