UK - The Financial Services Authority has warned financial advisers and fund management firms over the clarity of the products and advice they offer.
The regulator fined Chase de Vere £165,000 for approving and issuing a misleading direct offer promotion, which included high income and precipice bonds. The FSA found these products were not ca...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here