FCA swings risk assessment spotlight on London advisers

Every IFA and mortgage broker in the UK is being invited to attend roadshows by the regulator about the risks they need to identify within their businesses, which The Alliance of IFAs (ALIFA) compliance expert Dale Thornley strongly recommends they should attend. The roadshows will be followed by a two hour meeting or phone conversation about the firms' risk management, or an online questionnaire. These have already taken place in Scotland, Northern Ireland and the North of England, and now the FCA is turning its spotlight on London and the South East. According to Thornley, the inter...