FSA challenges advisers over wrap charges

June 2009
Money Marketing;6/11/2009, p8
The article reports that Rory Percival, Financial Services Authority's (FSA) head of retail investment policy, has contended the financial advisers regarding their wrap charges to their clients in London, England. It mentions the query of Percival regarding the advisers' direct charges to their clients upon using the platform as well as its net costs. Moreover, he also defended the clients' welfare in using the platform.


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