UK advisers not consistent when assessing suitability - FCA
By Simon Jessop LONDON (Reuters) - British financial advisory firms are not consistent enough when assessing whether products and advice are suitable for clients, the Financial Conduct Authority said on Friday. While the 13 firms assessed in the regulator's thematic review on the topic had demonstrated some good practise when undertaking due diligence, greater consistency was needed and there was room for improvement, it said in a statement. Three were told to make improvements in their research
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