Advisers warned FCA focus on retirement will bring tougher scrutiny

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 ...