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Nick Hulme

  • FCA promises to go ‘harder and faster’ in reforming financial sector

    Investing

    The Financial Conduct Authority (FCA) has promised to go “harder and faster” in overhauling the financial sector amid government pressure to shake up a variety of regulatory burdens on firms. The watchdog has pledged to “take another look” at the rules around ongoing advice after wealth managers were forced to set aside hundreds of millions [...]

    The FCA said in June any scheme must keep the market afloat in order to curb rising costs for consumers.

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