April 2024: Month in review with senior reporter Isabel Baxter

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

Isabel Baxter
clock • 4 min read

April saw the beginning of a new financial year, as well as new retirement market data and a consultation paper from the Financial Conduct Authority (FCA). Lots for the industry to get its head around…

Policy watch… The regulator was busy yet again this month. On 4 April, the FCA secured High Court approval to obtain £1.6m from Argento Wealth and its sole director Daniel Willis to hand back to its investors. A few days after, it laid out its out its regulatory fees and levies proposals for the new financial year. Part of this was a funding requirement of £755m for the next 12 months in the business plan – an increase on the £681.8m it spent last year. This was something the industry did not take lightly, as our PA Asks saw advisers blast it as "an absolute joke". Meanwhile, spe...

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

Isabel Baxter
Author spotlight

Isabel Baxter

Senior Reporter at Professional Adviser

More on Your profession

PA Awards 2026: Entries for all categories now open!

PA Awards 2026: Entries for all categories now open!

Our 21st anniversary awards will be held in London next March

Professional Adviser
clock 09 July 2025 • 1 min read
Plannr integrates SmartSearch anti-money laundering checks into adviser workflows

Plannr integrates SmartSearch anti-money laundering checks into adviser workflows

System aims to streamline client onboarding

Sahar Nazir
clock 09 July 2025 • 1 min read
More than half of advisers have seen clients negatively affected by finfluencers

More than half of advisers have seen clients negatively affected by finfluencers

‘Advisers are becoming, in many cases, financial paramedics'

Isabel Baxter
clock 09 July 2025 • 2 min read