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
Six DFMs share their views
Advisers, providers and trade bodies call for clarity as consultation closes
'If we lose sight of the SMCR's fundamental purpose we risk undoing years of progress'