The shift from rules-based to outcomes-based regulation gives IFAs the opportunity “to be the advisers you always wanted to be”, delegates heard.
Speaking at the Personal Finance Society Summer Roadshow near Cambridge yesterday (17 June), Achieve UK founder and managing director Andrew McBride said the shift in regulatory focus was positive for advisers. "We are seeing a shift from rules-based to outcomes-based environment, and I think it is a really good thing. It gives the opportunity to transform how businesses work and the opportunity to deliver more for clients, and for many of you, the opportunity to be the adviser you always wanted to be." He said advisers were "really good at following rules" with data showing that 93% ...
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