Press Releases

22 April 2014

Argyle's Managing Director, Stuart Dunbar, is quoted in Herald Scotland article on 8 April 2014.

Argyle's Managing Director, Stuart Dunbar, was quoted in an article in the Herald Scotland on 8 April 2014, regarding the results of a recent survey carried out by the Financial Conduct Authority (FCA).

The FCA said that following the changes in the advisory regime in January last year, many advisers "are not being clear with consumers on how much advice costs, the type of service they offer and what on-going services they provide". 

Stuart, who is also Scottish spokesman for the Association of Professional Financial Advisers, said he found the survey results "very surprising" and that the findings might be down to factors such as the number of firms sampled, and the type, scale and location of those firms included.

Stuart went on to say: "Customers should be able to ascertain the information referred to in the FCA report from the mandatory disclosure documents, which all advisers are obliged to provide to clients at the earliest opportunity."

He concluded by saying that he was confident that the next review would demonstrate that the advisory industry had embraced the new regime.

View the complete Herald article.