Half of advice firms reviewing client bases ahead of FCA boundary shake-up

Its Advice 2025 report which polled more than 400 advice professionals, including 304 financial advisers, 52 decision-makers, and 50 paraplanners, suggested that firms are responding to the changing regulatory landscape. It found that 50% of firms are already segmenting their client bases to identify potential opportunities for tailored services. More than a quarter are actively recruiting to build capacity. Only 1% of respondents have made no preparations at all. Despite the regulatory pressures of Consumer Duty, the research suggested that firms see the Advice Guidance Boundary Revi...