The UK’s City watchdog has issued new finalised guidance on what it considers to constitute the provision of regulated retail investment advice and personal recommendations. The Financial Conduct Authority (FCA) finalised guidance (47-page / 741KB PDF) updates and finalises the FCA’s position on retail investment advice as previously set out in the July 2014 guidance […]

The FCA have published its finalised guidance on the boundaries of retail investment advice. This work is aimed at helping firms in understanding what is, and what is not, a personal recommendation. The FCA intend this paper to be the definitive source of information on its view on the boundaries of advice for retail investment […]