Financial Conduct Authority

“Advisers need to do the digging and help their clients by signposting”

Review aims to understand how to reduce the regulatory burden

“Dilution of the IFA sector cannot be in the interests of the financial sector”

Senior leadership expected to reach 50%

Starting in Q4 2022

Financial regulation overhaul

'Costs of running an advice business on the rise'

“If you aren't regularly reviewing knowledge, it doesn't really work.”

Regulator calls out inadequate response to Policy Statement 21/5

“Any provider worth its salt should be doing a lot of these things already”