Doug Brodie's Chancery Lane calls on regulators to review risk definition

'Making up the cake of a total return'

clock • 2 min read
Doug Brodie, chief executive of Chancery Lane

Doug Brodie, chief executive of Chancery Lane

Chancery Lane chief executive Doug Brodie has written to the Financial Conduct Authority (FCA), calling on the regulator to redefine risk classifications to better reflect income needs.

Brodie said he wanted the FCA to view income and capital as separate retail products. He also said there was no correlation between equity market risk to capital and the stability of dividends. ...

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.
  • Members-only access to the editor’s weekly Friday commentary
 Be the first to hear about our events and awards programmes.



Already a Professional Adviser member?


More on Regulation

David Tiller: "Consumer Duty has raised the bar by introducing the anticipatory element of foreseeable harm. It has also re-emphasised the need to manage conflicts and place client interests at the fore."

David Tiller: Consumer Duty evidencing foreseeable harm 'a challenge' for platform tech upgrades

Cross-cutting rule

David Tiller
clock 12 August 2022 • 4 min read
Chris Davies: Consumer Duty unpicked - what advisers need to do next

Chris Davies: Consumer Duty unpicked - what advisers need to do next

'All-encompassing regulatory directive'

Chris Davies
clock 11 August 2022 • 7 min read
Janine Hofer-Wittwer CFA, SIX

Janine Hofer-Wittwer: MiFID II meets ESG and EU regulation

Tight time frame

Janine Hofer-Wittwer
clock 09 August 2022 • 3 min read