Five main factors for advisers to consider throughout 2023

Looking ahead to the new year, partner Andrew Aldridge said advisers will be contending with a recession and new regulation along with their day to day business. Consumer Duty Consumer Duty tops Aldridge's list of things advisers need to think about as they approach the new year. Aldridge described it as the "biggest change for advisers to deal with since the Retail Distribution Review". While initial plans for consumer duty already need to be in place, the rules need to be embedded by the end of July. The regulation is wide ranging with 161 pages of policy statement and 121 of f...