Legal
FCA to probe wealth managers' use of in-house funds
The Financial Conduct Authority is to investigate the use of in-house funds by wealth management firms and private banks. As part of the regulator’s 2014/15 business plan, it says it will examine the conflicts of interest surrounding firms’ in-house investment propositions. A statement says: “We will assess how wealth managers…
Continue Reading
Subscribe to unlock the full article and access premium financial content.
Click here to read the full story: Money Marketing