The regulator's vastly improved thematic communication and knowledge sharing means advisers should view it as a valuable resource, according to RSM Tenon's head of wealth management John Porteous.
Here he explains that this appreciation, combined with a two way dialogue between the regulator and advisers, would benefit both parties and consumers alike: "As we move into 2013 and embrace the changes that the Retail Distribution Review (RDR) has brought in, we can also look forward to a new regulator in the form of the Financial Conduct Authority (FCA). "In my view, this evolution of regulation will have a more lasting and profound impact on our business practices than that of the RDR. "It is clear that we have been moving to a more interventionist and intrusive style of regula...
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