Advisers warned FCA focus on retirement will bring tougher scrutiny

Regulatory focus on client vulnerability increases

Sahar Nazir
clock • 2 min read

The Financial Conduct Authority’s (FCA) focus on retirement planning means advisers must prepare for heightened scrutiny, according to speakers at PA360 North 2025.

The conference, which took place on Thursday (2 October), saw Legal & General business development manager Martin Chester warn advisers that they must prepare for scrutiny on retirement planning as regulatory focus on client vulnerability increases complexity. Chester said the rise in market volatility and the resurgence of annuities meant advisers face a difficult balancing act. "Every client will be vulnerable at some point," he said. "Some clients won't like it and take offence, but it has to be on your radar – providers are more in tune with vulnerable clients. It's a real hot topic ...

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 Your profession

Succession Alliance launches first profession-wide succession survey

Succession Alliance launches first profession-wide succession survey

Open to people in all roles working in financial planning firms

Sophia Panayi
clock 29 September 2026 • 1 min read
The future of our profession will benefit from greater collaboration

The future of our profession will benefit from greater collaboration

'The profession continues to operate and evolve in an environment of profound change'

Keith Richards
clock 28 September 2026 • 4 min read
Burnham to propose social care plans at general election

Burnham to propose social care plans at general election

Aims to be preventative

Jaskeet Briah
clock 28 September 2026 • 2 min read