Regulation

Includes redress changes and wholesale Consumer Duty review

First phase intended to ‘reduce burden’ on firms

'Partial records or flattened archives are no longer sufficient'

Nearly 600 advisers sign up for July webinar on navigating new s165 data requirements

‘Data is not just a compliance tool it’s a strategic asset’

Extension will apply to 37,000 firms

Client-led, data-driven

One firm estimated IT costs of £1m a year alone

'This does not compete with financial advice. It's an early stepping stone on the advice journey'

Regulator will look to amend existing rules