FCA warns advisers to consider ongoing fees

PFS conference 2019

Sophie King
clock • 1 min read

The Financial Conduct Authority (FCA) director of life insurance and financial advice Debbie Gupta has warned advisers to reconsider their charging structures. Speaking at the Personal Finance Society's (PFS) annual conference on Thursday (28 November) in Birmingham, Gupta stressed the FCA would be "really concerned" if long-standing clients were priced out of advice at the point when they need advisers the most. She said most advisers charge clients a percentage of their assets and is a structure that works well. However, Gupta encouraged advisers to consider whether this is an appro...

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 Your profession

Advised clients want more personal investment communication

Advised clients want more personal investment communication

Four in ten say comms focused more on product than goals

Jenna Brown
clock 12 November 2026 • 3 min read
How economic abuse manifests itself in pensions, mortgages and protection

How economic abuse manifests itself in pensions, mortgages and protection

Second in a three part series

Shelley Read
clock 11 November 2026 • 5 min read
Celtic FP founder launches online admin platform for advisers

Celtic FP founder launches online admin platform for advisers

‘Developed by people who understand the industry’

Jenna Brown
clock 10 November 2026 • 2 min read