FCA complaints data reveals worst asset management offenders
Alliance Trust Savings tops lists
Asset managers faired better than banks in FCA complaints data
The Financial Conduct Authority (FCA) has revealed the extent of customer complaints levelled against asset management firms in the second half of 2017, with Alliance Trust Savings, Invesco and Hargreaves Lansdown featuring high on the list.
The UK regulator has released data, which firms are required to provide twice a year, that shows £35m was paid out to customers using investment products in the second half of 2017, with an average of...
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