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Prevent Bad Advisers Rising From Ashes, MP Urges FCA

By Joanne Faulkner (April 24, 2018, 1:56 PM BST) -- A politician urged the U.K. Financial Conduct Authority on Tuesday to crack down on "phoenixing," in which rogue financial and insurance advisers cease activity and then set up a new firm to avoid taking responsibility, amid claims the practice undermines trust in the financial services sector....

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