FCA to canvass small adviser firms on impact of regulation

Larger sample size to follow

Hannah Godfrey
clock • 1 min read

New regulations increasing pressures on financial advice firms

The Financial Conduct Authority (FCA) is set to canvass smaller advice firms in a bid to find out how its regulations impacts them.  On behalf of the regulator, independent consultancy Kantar Public will conduct in-depth interviews with a small, representative sample of firms over the next month. The initial interviews will inform the design of an online questionnaire that will be sent to a larger sample of firms in April and May. The FCA said such a survey will help to ensure FCA cost benefit analyses and judgements of proportionality take account of smaller firms' circumstances. ...

To continue reading this article...

Join COVER for free

  • Unlimited access to real-time news, key trend analysis and industry insights.
  • Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
  • Receive breaking news stories straight to your inbox in the daily newsletter.
  • Members only access to monthly programme 'The COVER Review'
  • Be the first to hear about our CPD accredited events and awards programmes.

Join now

 

Already a Cover member?

Login

More on Regulation

IPT up to £7.6bn in 24/25

IPT up to £7.6bn in 24/25

£853m in January 2025

Cameron Roberts
clock 21 February 2025 • 1 min read
FOS CEO Abby Thomas steps down

FOS CEO Abby Thomas steps down

James Dipple-Johnstone and Jenny Simmonds will cover

Isabel Baxter
clock 07 February 2025 • 1 min read
Regulator soft launches £2.5m scam checker tool to help protect consumers

Regulator soft launches £2.5m scam checker tool to help protect consumers

‘FCA Firm Checker’ is live for small number of users

Isabel Baxter
clock 05 February 2025 • 1 min read