FCA
Investment research ‘time consuming’ and ‘too complicated, say Brits
But FCA tells consumers to make sure they ‘do their homework’
Investors warned about crypto and NFT risks
FCA reiterates the assets are unregulated and there are ‘no consumer protections’
Five ex-directors banned over unsuitable pension advice
They have also been fined over £1m in total
PEOPLE MOVES: BennBridge, Maven Wealth, RBC WM
Investment boutique names CEO for Europe and UK, while wealth firm hires chief executive as it rebrands
20% of advisers ‘in the dark’ about FCA Consumer Duty
Some don’t even believe ‘it will add any value to consumer outcomes’