FCA intends to 'conduct further work' on ongoing advice

Speaking at The Personal Finance Society's annual conference yesterday (13 November), FCA head of department Kate Tuckley outlined the regulator's ongoing advice work. "Another area we're innovating in is ongoing advice," she said. Following on from the FCA's review earlier this year, Tuckley said the regulator intends to "conduct further work" to assess how firms are delivering ongoing advice. "We've announced that we will be reviewing the rules around ongoing advice to ensure they remain effective and relevant," she noted. "We will then engage the sector." The FCA's ongoing ad...