PROD and financial advice: Making the methodology work for your clients

Three-part series

clock • 5 min read

In the first article of a three-part series, PortfolioMetrix explored why PROD was introduced and what the experts think. The second article, based on the firm’s upcoming white paper, looks at some thoughts from financial advisers and how it recommends PROD can be adhered to …

As we all know, the problem with regulation is that there is often a large disconnect between the theory behind implementation and the practicalities of embedding it in your day to day business. So we asked some financial advisers for their thoughts. We had representatives from ten adviser firms with total AUA of £2.4bn. The full spectrum was represented with attendees from firms with only one adviser through to those with more than 20 advisers. The level of readiness was also broad. Some were comfortable that they had their PROD approach fully locked down but were interested to get a...

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

FCA ban and £2m fine upheld against 'worst' British Steel adviser

FCA ban and £2m fine upheld against 'worst' British Steel adviser

Upper Tribunal backs regulator's findings in key BSPS misconduct case

Sahar Nazir
clock 19 January 2026 • 2 min read
Failed financial advice firms tracker

Failed financial advice firms tracker

Firms that the FSCS has confirmed as failed since the start of 2023

Professional Adviser
clock 19 January 2026 • 1 min read
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