FCA: We are now close to complete package for advisers
The Financial Conduct Authority believes the advice profession is on a “sure footing” and that its latest set of reforms will bring it very close to having a complete package of regulations for the sector. In this exclusive interview with FT Adviser, Kate Blatchford-Hick, head of consumer investments policy and market analysis at the FCA, speaks about the regulator’s latest landmark consultation looking at simplifying advice and making changes to ongoing advice expectations. Timestamps 00:00 - Welcome to FT Adviser Briefing 00:39 - FCA's thinking on simplifying adviser advice 03:35 - How will targeted support and simplified advice work alongside one another? 04:45 - What products will simplified advice be most useful for? 07:10 - How affordable will this be for advisers? 10:54 - How the FCA will police the reforms 14:08 - Trail commission Read more on @FTAdviserOfficial : FCA ditches annual review requirement for ongoing advice - https://www.ftadviser.com/content/678... FCA sets sights on adviser trail commission - https://www.ftadviser.com/content/5e8... FCA defends pension transfer reforms amid industry fears over delays - https://www.ftadviser.com/content/596... #fca #financialadviser #financialadvice #regulation #policy #politics #news #finance #money #ft FT Adviser is a service from @Financial Times Subscribe to FT Adviser at https://www.ftadviser.com/?utm_medium... #financial advice #financialadviser #financialplanning #financialservices #financialplanners #business #news #finance #pensions FT Adviser is a journalistic product which is for general information and entertainment purposes only. Our content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by the Financial Times. It is not intended to be and should not be relied upon by users in making (or refraining from making) any specific investment, purchase, sale or other decisions. Appropriate independent advice should be obtained before making any such decision, such as from a qualified financial adviser.
