In the realm of financial services, the level of reporting required by the Financial Conduct Authority (FCA) for small firms has become disproportionate compared to other industries. Despite the pandemic being behind us, COVID-related reports continue unabated, adding to the regulatory burden. Complaints made to MPs and the Treasury are simply passed on to the … Continue reading Unjust Governance: The FCA’s Burden on Small Financial Firms
Tag: fca
Ongoing Advice Review: Could the FCA Follow Australia’s Nuclear Option?
As we enter H2 2024, the Financial Conduct Authority (FCA) is on the verge of announcing the results of their much-anticipated advice review involving the UK's top 20 financial advice firms. The whisperings from the regulatory grapevine suggest that some of these big boys have been more than a little naughty, with at least two … Continue reading Ongoing Advice Review: Could the FCA Follow Australia’s Nuclear Option?
The FCA’s Controversial Strategy: A Catalyst for Change in the Financial Advisory Landscape
The Financial Conduct Authority's (FCA) recent announcement to 'name and shame' firms under investigation has sparked significant debate within the financial services sector. With approximately two-thirds of these investigations concluding without further action, there's a growing concern among regulated advisers about the potential for unwarranted reputational damage. This aggressive enforcement tactic may lead advisers to … Continue reading The FCA’s Controversial Strategy: A Catalyst for Change in the Financial Advisory Landscape
Academy of Life Planning 