NEWS

Regulation Gone Mad...

Regulation Gone Mad...

Regulation Gone Mad...

The FCA's attempts to regulate financial services are failing, they are not achieving the customer outcomes intended and are putting the financial services market at increasing risk.

The paranoid interpretation of FCA guidance and regulations by financial services organisations has resulted in a more confusing environment for the customer and one that breeds greater misunderstanding of the products they are considering.

Furthermore, the extent of regulation is crippling the FS market and forcing organisations to reconsider if the products on offer are worth it. Nothing brings this into contracts more than the Retail Distribution Review (RDR).

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