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Evening Standard
Evening Standard
Business
Daniel O'Boyle

Retirement advice firms ‘not even getting basics right’, says City watchdog

FCA Sarah Pritchard

City watchdog the Financial Conduct Authority has put the financial advice sector on notice, accusing some firms of  “not even getting the basics right” when it comes to retirement advice.

The FCA said that while many firms are doing things properly, some are not considering a sustainable level of income to support retirement or not providing the right information to customers.

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