Price comparison websites failing to meet FCA expectations … – The FCA has asked price comparison websites to take action on the specific areas identified where they are not meeting the required standards to ensure customers get a product that meets their needs. Notes for editors.
The FCA Handbook sets out the FCA’s rules, … in relation to the authorised corporate director of each ICVC for which the firm is a depositary, … where the pricing error was: 5 (i) greater than 0.5% of the price of a unit; or 5
8 Biggest Pricing Errors in History . Source. Accurate pricing equals accumulation of profit. In business correctly pricing your product is essential: price your product too highly you will lose customers, too low and you risk losing profit.
2 incorrect pricing of units in collective investment schemes – recording and reporting of errors – correction, reimbursement or payment of compensation
The FCA Handbook sets out the FCA’s rules, guidance and other provisions. Financial Services Handbook … COLL 6.3 Valuation and pricing; COLL 6.4 Title and registers; … An authorised fund manager should record all errors which result in a breach of COLL 6.2.8 R …