Firms need to “embrace the huge opportunity to shape the financial advice sector”, the Financial Conduct Authority (FCA) has said.
Speaking at The Lang Cat's Regenerate 2024 conference, which took place 8 February, Kate Blatchford-Hick, head of consumer investments policy and market analysis, suggested that there are "huge opportunities for firms to demonstrate how they can offer value to their clients". "This will help shape the sector," she said. Blatchford-Hick also highlighted the regulator's proposals including the simplified advice regime as part of its advice / guidance boundary review, as well as targeted support, and explained that they are the FCA's attempt at creating new avenues for firms to prov...
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.