FCA risk assessments: What you need to know

The term ‘risk profiling’ means different things to different people. For advisers, it is generally associated with the process of identifying a client’s attitude to risk when considering investment recommendations. For the Financial Conduct Authority (FCA) and the regulatory supervision of smaller firms falling under the C4 conduct supervision category, however, it means something completely different. It is clear the FCA remains inevitably focused on what could go wrong: firms or products failing, misalignment of the risk appetite of individuals with the products they are sold, and ...