Nsuitable Advice News Today

Consumer complaints about mis-selling and suitability of advice are continuing to rise and are increasingly being upheld by the Financial Ombudsman Service (FOS), Oxford Risk has found.

Your financial adviser might already be dabbling in ChatGPT, but an AI-enabled advice experience still seems some way off.

The Financial Conduct Authority (FCA) laid out the possible actions it may take against firms unable to meet their liabilities and accountable individuals seeking to phoenix to another firm in its latest Dear CEO letter.