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". ...

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