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...

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