Providers will be required to contribute 25% of financial advisers' Financial Services Compensation Scheme (FSCS) bills despite their protestations, the Financial Conduct Authority (FCA) has confirmed.
The FCA said respondents were generally supportive of the proposals it laid out last October, although it acknowledged the "vast majority" of product providers and their representative bodies "strongly...
Marcus Brookes appointed CIO
Industry Voice: Over the past ten years, investors have operated in an environment characterised by extremely accommodative and unconventional monetary policy.
Latest news and analysis
Aviva Investors' chief investment officer for equities, David Cumming, discusses how his team have integrated ESG factors into their decision-making process