Consumer investments department head says it should not be a ‘race to the bottom’
CEO Nikhil Rathi sets out four-point plan
Regulator pledges more clarity on distribution chains and non-UK business
Trust Financial Planning entered creditors’ voluntary liquidation in August
Regulator asks for feedback by 17 October
'For those yet to fully embrace Consumer Duty it is simply wishful thinking'
FCA rules are expected in late 2025
Case brought as part of FCA-led global crackdown on illegal promotions
Firms that the FSCS has confirmed as failed since the start of 2023