FCA urged to prioritise a 'common sense' approach

Last week’s PA Asks poll highlights industry’s thoughts on the FCA

Sahar Nazir
clock • 2 min read

The Financial Conduct Authority (FCA) must prioritise measures that resonate with real-world scenarios and provide support rather than additional regulatory burden, the industry has said.

Respondents to last week's PA Asks poll were asked to share what they would you like to see the FCA prioritise over the next 12 months. Among the top priorities outlined by professionals in the industry is a plea for a "common sense approach" from the FCA that aligns with practical realities. One respondent said they would like the FCA to "continue to tier a common-sense approach when it comes to value for money service". Moreover, there were calls for the FCA to demonstrate its own commitment to consumer protection through its Consumer Duty, as well as a plea to crack down on scam...

To continue reading this article...

Join Professional Adviser for free

  • 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

Join

 

Already a Professional Adviser member?

Login

More on Your profession

Sector divided on Reeves' pullback on Cash ISA reform

Sector divided on Reeves' pullback on Cash ISA reform

‘A big win for defenders of a broken system’

Sorin Dojan
clock 11 July 2025 • 2 min read
FCA flags progress on internal DEI targets and urges action on Consumer Duty

FCA flags progress on internal DEI targets and urges action on Consumer Duty

According to the FCA report 2024-2025

Sahar Nazir
clock 11 July 2025 • 2 min read
FCA reviewing client categorisation rules to distinguish retail investors from the pack

FCA reviewing client categorisation rules to distinguish retail investors from the pack

Goal of 40 more initiatives to be completed by year end

Eve Maddock-Jones
clock 10 July 2025 • 2 min read