Identified problems included nondisclosure of advisers’ financial incentives and clients being charged for services they did not receive.
Cash
There has been much speculation about potential ISA reforms ahead of the next UK Budget on November 26.
Roundup of regulator's work includes news of consultation on new listings regime and capital markets rules, plus some crypto firsts.
UK Finance has published its latest Payment Markets Report.
Consultations on overseas funds and credit references, data on cash savings, and a warning on Christmas loan fraud.
Cryptoassets Travel Rule, the PEP regime, access to cash, and mortgage-only borrowers.