Paul Dyer, former FCA deputy chief risk officer: Navigating the FCA's new DB measures

I have been fortunate enough over the years to work with an array of financial advice firms, the professional services firms that provide support and the regulators that oversee them. While the market, channels and standards for financial advice have been susceptible to change, the underlying requirements of good advice are well established, namely that in order for it to be suitable it has to be consistent with the client's circumstances and objectives. In planning and policy circles, a ‘wicked problem' is one that is near impossible to solve because the parameters are constantly in flu...