FSCS levy and simplified advice in focus as WMA launches strategic review

Laura Dew
clock

The Wealth Management Association (WMA) has announced a strategic review to improve its services to members.

One year on from the organisation's rebrand from APCIMS to the WMA, chief executive Liz Field (pictured) has asked members to review the trade association's practices and policies. Questions for members include "what should simplified advice be?", "what does an equitable solution [to the FSCS levy] look like for our members?" and "what should our manifesto be for the retail investor?" Field, who took over from Tim May this month, wants firms to contact the WMA with their views on these and other issues. Following this the organisation, which represents 186 firms, will then send out...

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 Investment

SEI to launch two LTAFs in private markets 'expansion'

SEI to launch two LTAFs in private markets 'expansion'

‘Mansion House ambition’

Cristian Angeloni
clock 03 July 2026 • 1 min read
Darius McDermott: Building a resilient portfolio in a concentrated market

Darius McDermott: Building a resilient portfolio in a concentrated market

'A well-balanced portfolio should also take in the broadest possible range of growth opportunities'

Darius McDermott
clock 01 July 2026 • 5 min read
Fahad Hassan: Progress on many fronts

Fahad Hassan: Progress on many fronts

'Financial markets are increasingly pricing in a more benign inflation environment ahead'

Fahad Hassan
clock 01 July 2026 • 5 min read