Three key areas of regulatory focus for the advice profession

'The only constant is change and this is certainly true for regulation'

clock • 5 min read

Alex McGregor and Kris Armstrong explore three key regulatory areas advisers need to know about

The first half of 2024 has given the financial advice profession much to think about. We have seen the release of the much-anticipated retirement income advice thematic review, a warning shot in the shape of renewed scrutiny of the delivery of ongoing advice services, and a shift in focus towards embedding Consumer Duty through a requirement for senior management in firms to identify, monitor, assess, and confirm the delivery of good outcomes.    From a regulatory perspective, these should be the key areas of focus for firms in the coming months.  Retirement income advice The Financ...

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 Regulation

FCA removes regulatory permissions from advice firm over breaches

FCA removes regulatory permissions from advice firm over breaches

Ups assets restriction and notes unpaid FOS award

Jen Frost
clock 22 December 2025 • 2 min read
 FCA chief: No allegations of Budget leak market abuse so far

FCA chief: No allegations of Budget leak market abuse so far

Told MPs on the Treasury Committee the leak caused serious concern

Alex Sebastian
clock 16 December 2025 • 3 min read
FCA's non-financial misconduct rules 'opaque' over social media activity

FCA's non-financial misconduct rules 'opaque' over social media activity

Lack of definitions and case studies

Cristian Angeloni
clock 16 December 2025 • 2 min read