FCA
Best Practice | 26 Jul 23
7.4 million Brits unable to contact financial services providers
As only 36% of UK adults believe most firms are honest and transparent in the way they treat them
UK financial watchdog cancels regulatory permissions of digital bank
After the FCA found the firm ‘appeared to have provided investment products or services’ without authorisation to do so
32% of IFAs expect client fees to increase with Consumer Duty
As one-in-seven still feel unclear about advising clients on good customer outcomes
Two UK IFA firms fail
With the FSCS receiving claims related to pension advice transfers for both
Five potential impacts of Consumer Duty
NextWealth predicts what will happen after the FCA’s regulation is implemented

