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 executive Sheldon Mills to depart

FCA executive Sheldon Mills to depart

Competition director to exit after eight years

Sahar Nazir
clock 24 November 2025 • 1 min read
Independently East declared failed by FSCS

Independently East declared failed by FSCS

Advice firm entered liquidation in 2023

Professional Adviser
clock 19 November 2025 • 2 min read
FCA consolidation review 'a warning shot' for acquirers

FCA consolidation review 'a warning shot' for acquirers

Regulator’s findings a ‘wake-up call’ for private equity and consolidators

Sahar Nazir
clock 05 November 2025 • 5 min read