SEBI, India’s financial regulator, has made a bold and principled move: disentangling financial advice from product distribution. It ruled that Mutual Fund Distributors (MFDs) must not describe themselves as “financial advisers” or “planners” unless they’re formally registered as fee-only fiduciaries (RIAs). Why? Because doing so misleads the public, confuses roles, and masks conflicts of interest. … Continue reading 🧭 India Just Drew a Line — Should the UK Follow?
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Creating Clarity in Financial Services: Why Role Definitions Matter
In financial markets worldwide, establishing clear distinctions between different service providers is essential to ensure transparency, fairness, and better outcomes for investors. By setting specific roles and responsibilities, regulators and industry leaders create an environment where individuals can confidently make financial decisions, knowing they are based on unbiased and accurate guidance. Why Clear Role Definitions … Continue reading Creating Clarity in Financial Services: Why Role Definitions Matter
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