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Wednesday, 27 July 2022 09:57

Planner questions Consumer Duty enforcement

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Financial Planners have mostly welcomed the FCA's new Consumer Duty but one leading Financial Planner has shared concerns about how the new rules will be enforced.

Wealth manager and Financial Planner WH Ireland has reported a drop in full year pre-tax profit from £1.5m to £1.4m despite an 11% rise in revenue to £32m.

Financial Planners have nothing to fear from the Financial Conduct Authority’s (FCA) new Consumer Duty rules, according to providers.

Wealth manager Investec Wealth & Investment is to promote chief commercial officer Barbara-Ann King to CEO in October as part of an executive reshuffle.

The latest issue of Financial Planning Today Magazine has just been published and you can view a preview by clicking the cover below.