FCA Lays Out Concerns Over Scams, Risky Investments and Unsuitable Advice

Scams, risky products and unsuitable advice are among key concerns laid out in Financial Conduct Authority’s Sector Views 2020 report 

James Gard 18 February, 2020 | 1:25PM

FCA

High-risk investment products, unsuitable pension transfers, scams and inadequate retirement savings are just some of the areas of concern highlighted by the UK’s financial regulator.

The Financial Conduct Authority’s wide-ranging Sector Views 2020 report looks at which aspects of financial services are potentially harming consumers or undermining trust in the industry. The review analyses seven sectors regulated by the FCA, including pensions, retail banking and investment management.

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James Gard  is content editor for Morningstar.co.uk

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