UK watchdog rejects calls to ease advice standards for simple investments
( January 22, 2015, 16:02 GMT | Official Statement) -- MLex Summary: The Financial Conduct Authority has rebuffed industry calls to loosen advice standards for selling simple investments, as the regulator sets out its guidelines on how companies should offer financial advice. The FCA’s final guidance says that products offering even a limited amount of advice should adhere to the same requirements as full-advice products do.The following text is a press release. The full documents can be found below:...
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