May 2023: Month in review with editor Hope William-Smith

Take a look at some of the news and feature highlights of the last month

Hope William-Smith
clock • 3 min read

This month has seen a huge variety of news come out of the gates at Professional Adviser, all on the back of us launching a brand new adviser event…

Policy watch… The Financial Services Compensation Scheme published an update on its levy on 25 May, confirming it will drop it down to £270m for 2023/24, a significant change from the £478m it projected last November. PA news editor Sahar Nazir spoke to advisers would how they are preparing for the changed demand. Also, the Financial Conduct Authority (FCA) issued another warning this month on how it will discipline firms under the upcoming Consumer Duty regulation, telling advisers to expect "robust action" in event of poor compliance. The watchdog also came out to say it had found...

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