Financial Conduct Authority says current ‘risk warnings’ are often ignored by consumers
People looking to put money into higher-risk investments could be required to watch educational videos or pass an online test first, the City regulator has suggested.
The Financial Conduct Authority said the current “risk warnings” on investments were often ignored by consumers, and it also floated the idea that people might have to disclose their salary and other personal information as part of the sign-up process for certain products.
