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

Regulation as a deal driver: How FCA scrutiny is reshaping wealth management consolidation

Regulation as a deal driver: How FCA scrutiny is reshaping wealth management consolidation

In wealth management M&A regulation has moved from footnote to headline

Louise Mahon
clock 27 April 2026 • 3 min read
Dropping annual advice reviews is 'watershed moment' – Keith Richards

Dropping annual advice reviews is 'watershed moment' – Keith Richards

Speaking at PA360 conference in London

Jenna Brown
clock 23 April 2026 • 3 min read
FCA: Consolidation has not reduced access to advice

FCA: Consolidation has not reduced access to advice

Advice sector stable but room for growth

Jenna Brown
clock 23 April 2026 • 2 min read