Absence of advisers on FCA register impacting adviser comparison sites

Adams was among the comparison website operators critical of the FCA's register, which, since the recent Senior Managers and Certification Regime (SM&CR) came into effect, no longer lists individual advisers. He said the changes, designed to pass adviser verification into the hands of senior managers, impacted AdviserBook's ability to provide complete information to consumers. AdviserBook pays the FCA £20,000 a year for data it uses on its website, but Adams said the regulator "is not sending the data it used to send". He said the regulator's register is particularly problematic fo...