Many online-based advisor services in the U.K. need to improve their disclosure to clients greatly, according to new research from U.K.-based investor advocacy group the Financial Services Consumer ...
In the first instance, the Panel found the adviser, identified as Mr J, had charged a client ongoing financial advice fees ...
The Financial Services and Credit Panel (FSCP) has made two determinations, one regarding possible breaches of conflicted remuneration and the second about non-compliance with CPD. The first case was ...
The Panel determined that the relevant provider, anonymised as Mr B, had entered into an ongoing fee arrangement with four ...
The Financial Services and Credit Panel (FSCP) has delivered a written reprimand to an adviser that it said failed to ensure their client understood their CGT liability. In a brief statement, the FSCP ...
The Financial Services Consumer Panel has urged the Financial Services Authority to end commission payments to advisers to avoid future mis-selling scandals. John Howard, chairman of the FSCP, says: ...
In a damning five-page report on annuities, the FSCP warned that post-RDR there had been a shift in distribution channels, removing low-cost advice from the high street and “undermining the intentions ...
BRYN MAWR, PA – September 25, 2013 – The American College of Financial Services announced today that it is launching the Financial Services Certified Professional™ (FSCP™) designation – a rigorous ...
The UK investment market does not work in consumers’ best interests, a paper from the Financial Services Consumer Panel has claimed. Panel chairman Sue Lewis said: “Investment managers in the UK have ...
The Financial Services Consumer Panel (FSCP) yesterday urged the Financial Services Authority (FSA) and the government to focus on regulation for consumers and the supervision of wholesale markets. In ...
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