The Personal Investment Management & Financial Advice Association (PIMFA)

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PIMFA’s response to FCA: Call for Input on the Consumer Investment Market

PIMFA response to FCA Consumer Investment Market Call for Input. The breadth of the Call for Input is, we believe, indicative of the fact that it is a market which is not working particularly well both for retail investors and for our members and we would particularly like to draw attention to the following: The drive towards simplification; Aspects of the regime which are currently not working particularly well; and ensuring that the compensation scheme works for those who benefit from it and those who fund it.
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