April 2023: Month in review with editor Hope William-Smith

Take a look at some of the news and feature highlights of the last month

Hope William-Smith
clock • 3 min read

The first month of the new financial year has passed in a flash, with a flood of news coming among the busyness of the annual Professional Adviser Awards and PA360 conference…

Policy watch… The Financial Conduct Authority (FCA) released its 2023/24 business plan this month which confirmed, among other things, that £5.3m will be spent on ‘embedding' Consumer Duty across the industry. The Financial Ombudsman Service also confirmed that it will proceed with a proposed change to the way it reports how its cases were solved. The regulator published a new consultation on 5 April, proposing to collect £94.6m in fees from advice firms in 2023/24. Feedback is due by 11 May. Lastly, the FCA has called for an open debate on the risks of cryptocurrency, as well as...

To continue reading this article...

Join Professional Adviser

  • 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 Your profession

Advisers want more support in accessing ESG investment data

Advisers want more support in accessing ESG investment data

Client demand for sustainable finance has risen as advisers demand support

Sahar Nazir
clock 25 May 2023 • 1 min read
Marriage guidance: Why a prenup should be part of wedding planning

Marriage guidance: Why a prenup should be part of wedding planning

Legal insight for advisers with clients heading down the aisle...

Andrew Watson
clock 25 May 2023 • 4 min read
AJ Bell platform AUM up 7% to £68.8bn as inflows rise by £2bn

AJ Bell platform AUM up 7% to £68.8bn as inflows rise by £2bn

Customer numbers up by 7% in the first half to 455,008

Sahar Nazir
clock 25 May 2023 • 1 min read