FCA stuck in the past as advice moves forward online
A sizeable shockwave could be on the cards for online advice next year if the latest noises coming out of Canary Wharf are anything to go by.
According to last week’s New Model Adviser article by Justin Cash, the head of the FCA’s Financial Advice Market Review Secretariat, Ed Smith, said there are a number of risks to consumers from automated or robo-advice services.
