PA360: FCA's Hulme - Targeted support will 'never' replace holistic financial planning

A ‘broader stepping stone’ to fully fledged advice

Isabel Baxter
clock • 2 min read

The Financial Conduct Authority (FCA) has stressed that targeted support is not there to replace holistic financial planning, delegates heard.

Speaking at PA360 event today (1 May), FCA head of advisers, wealth and pensions Nick Hulme addressed the FCA's 2025/30 strategy to the advisers and planners in the room. "We are genuinely serious about stepping up with the change with you," Hulme told delegates. "We need to be different and need to do so together." Hulme highlighted the FCA's aim to be a "smarter" regulator whilst remaining assertive about taking out the "bad actors" in the industry. He then cited the regulator's recent move to remove three data collections in a bid to "reduce burden and unlock economic growth". ...

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 Regulation

Cost of FCA action over illegal finfluencer promotions hits almost £250,000

Cost of FCA action over illegal finfluencer promotions hits almost £250,000

FOI request

Michael Nelson
clock 21 August 2026 • 4 min read
FOS reveals next phase of reforms

FOS reveals next phase of reforms

Including new powers to dismiss certain cases

Isabel Baxter
clock 11 August 2026 • 3 min read
Court sets trial date in illegal financial promotions case

Court sets trial date in illegal financial promotions case

Lucy Beck pleads not guilty

Sophia Panayi
clock 31 July 2026 • 1 min read