Following an earlier consultation the FCA has issued final guidance on its supervisory approach to financial promotions in social media. The guidance contains: •  Examples of acceptable and unacceptable financial promotions; •  Examples of when a firm would and would not be responsible for how its financial promotions are used by recipients; and •  Description […]

The FCA has published finalised guidance (FG14/4) which sets out the FCA’s approach to firms involved in the transfer of investors from pre-RDR unit classes to post-RDR unit classes; the guidance also clarifies procedural uncertainties when firms convert  customers to the new unit classes. The guidance is accompanied by a summary of feedback received in […]

One of the central objectives of the RDR is to remove the risk of prejudice to consumers arising from conflicts of interest resulting  from remuneration arrangements between investment product providers and advisory firms. On 16 January 2014, the FCA published its final guidance (the Guidance) on inducements and  preventing conflicts of interest, as set out […]