MPs report ‘not fair representation’ of regulator’s work

When questioned on the report at Defaqto’s Way forward for Recommendation convention as we speak (26 November), FCA head of division for advisers, wealth and pensions Nick Hulme mentioned that he does “not agree with the characterisation of the MPs assertion”.
This comes after MPs claimed that the FCA is failing to carry out its features correctly and its integrity was questioned.
FCA urged to undertake reforms as MPs warn watchdog’s ‘integrity known as into query’
In line with the All-Occasion Parliamentary Group, the FCA “too typically fails to carry out its features to an affordable normal”, with specific ga…