Firms face challenges in collecting data and due diligence processes

Assets under influence grew 20% year-on-year to £2.07bn

'Regulatory pressures are the first thing on my mind’

'Technology and compliance acts as an anchor in the industry'

Around a fifth of advisers say clients have become more demanding

Parents ‘stretching finances’ to finance private education

According to the quarterly Market Intelligence report from Square Mile

Six largest advised platforms take 60% of new business

Compliance clinic launched to offer guidance around the regulation

For ‘improved adviser efficiency and suitability of consumer outcomes’