The Consulting Consortium (TCC) has launched a 'bespoke' compliance support service for small financial advice firms.
TCC Intermediary, which will specialise in helping small firms understand what the regulator expects of them, follows TCC's acquisition of boutique intermediary support consultancy Swaines in 2013.
The service will offer an initial 'health check' assessing clients' current arrangements against the Financial Conduct Authority's (FCA) expectations, followed by a compliance monitoring programme tailored to the areas where clients need support.
It will also offer assistance on ad-hoc issues such as mis-selling reviews and Section 166 reports.
TCC chief executive Joanne Smith said: "In a market saturated by off-the-shelf support and small compliance providers, we took this opportunity to develop a bespoke option."
Founder of Swaines Allen Swaine, who will lead TCC Intermediary as managing director, added: "We continue to offer the same personal service as clients received through Swaines but with the backing of TCC we now have the resources to expand our service and deliver enhanced support."
