The Financial Conduct Authority’s (FCA's) latest piece of work reveals the extent to which people's savings are languishing in cash accounts.
In its review of the Retail Distribution Review (RDR) and Financial Advice Market Review (FAMR), the FCA warns too many do not get the advice they need to help make informed investment decisions and access better returns.
Of those consumers with more than £10,000 of investible assets, 37 percent did not have any investments ...
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