Meet the Adviser Champions: Rory Percival

Our video series continues

clock • 2 min read

The worst-case scenario for the future of financial advice would be a significant mis-selling scandal, says Rory Percival, who goes on to warn there is a real risk of that happening in the DB transfer market.

The ex-FCA technical specialist who now runs his own consultancy and training firm says there has already been evidence of "problem areas" in the defined benefit (DB) transfer space. "So I just hope that does not escalate and make it into the national press and become a much more significant issue with the general public," he adds, "because that would set the sector back quite significantly in terms of its move towards being an established profession." Percival is the latest Adviser Champion to appear in Professional Adviser's series of video interviews, which has most recently featur...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Regulation

Why well-run advice firms still shoulder an unfair FSCS burden - and what needs to change

Why well-run advice firms still shoulder an unfair FSCS burden - and what needs to change

Tom Hegarty shares his views on the FSCS levy and why things need to change...

Tom Hegarty
clock 08 January 2026 • 4 min read
FCA Consolidation Review: Key actions for firms navigating M&A

FCA Consolidation Review: Key actions for firms navigating M&A

What does best practice look like?

Professional Adviser
clock 07 January 2026 • 4 min read
FCA removes regulatory permissions from advice firm over breaches

FCA removes regulatory permissions from advice firm over breaches

Ups assets restriction and notes unpaid FOS award

Jen Frost
clock 22 December 2025 • 2 min read