FAMR evaluation: FCA boasts improvements in access to advice

Number of advised clients up 33%

Tom Ellis
clock
FAMR evaluation: FCA boasts improvements in access to advice

The Financial Conduct Authority (FCA) has boasted a 33% increase in the number of people to have accessed advice as part of its evaluation of the Financial Advice Market Review.

The regulator said approximately 4.1m adults in the UK have received financial advice - an increase of a third of the 3.1m figure from 2017. Putting those figures into a wider context, however, of...

To continue reading this article...

Join Professional Adviser

 

  • 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.
  • Tap into our community intellignece through our regular Pro Adviser poll.
  • 
 Be the first to hear about our events and awards programmes.

Join

 

Already a Professional Adviser member?

Login

More on Regulation

Black employees are the least likely to report equal recognition at work relative to their colleagues, according to the report.

Black employees heavily discriminated against within financial services industry

Half (52%) of black employees in the financial services industry have said they do not have equal opportunities at work, according to a new survey from reboot. and Coleman Parks.

Elliot Gulliver-Needham
clock 28 October 2021 • 3 min read
Since July, staff at the FCA have been pushing to join Unite, as changes made under Nikhil Rathi, the watchdog's chief executive, have proved unpopular with employees.

FCA blocks employee email containing union petition - reports

‘Phishing’

Georgie Lee
clock 28 October 2021 • 2 min read
The new LTAF regime is likely to form the basis of the redesign of the open-ended property fund sector

FCA sets out details for new long-term funds

No retail investors

James Baxter-Derrington
clock 25 October 2021 • 2 min read