FCA canvassed 30 'small' adviser firms on impact of regulation

Second questionnaire to be sent

Hannah Godfrey
clock • 2 min read

The Financial Conduct Authority (FCA) asked 30 advice businesses for their opinions on the impact of regulation on small firms, Professional Adviser can reveal.

A freedom of information request by PA has revealed the FCA used consultancy firm Kantar Public to conduct the research on "small" advice businesses. Kantar was given an 'interview topic guide' and then came up with questions to ask the 30 firms through in-depth interviews, to which the firms' answers remained anonymous. For the purposes of the research, the FCA considered ‘small' firms to be those employing 50 or fewer people with regulatory permissions.  The purpose of the 30 interviews, which took place earlier this year, was to inform the design of a large-scale online questionnai...

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 complaints: Pensions and investment gripes on the rise

FCA complaints: Pensions and investment gripes on the rise

Total number of financial services complaints hits 1.85 million

Jenna Brown
clock 23 October 2025 • 1 min read
Updated: Failed financial advice firms tracker

Updated: Failed financial advice firms tracker

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

Professional Adviser
clock 21 October 2025 • 1 min read
Regulatory pressure continues to 'weigh' on advisers

Regulatory pressure continues to 'weigh' on advisers

Consumer Duty and FCA reporting cited as biggest regulatory demands

Jenna Brown
clock 20 October 2025 • 1 min read