From pain to positives: Why advisers need to think differently about regulation

Reframing the burden of adviser regulation

clock • 5 min read

There are some things advisers just have to take on the chin, writes Andrew Goodwin. And regulation is one of them...

So how did you enjoy the first year of Consumer Duty? Did it genuinely transform your approach to business? Did your clients express their eternal gratitude for your supposedly newfound commitment to delivering 'good outcomes'? Forgive me if I sound unduly cynical. I don't mean to imply Consumer Duty is a bad thing. I just happen to know that many IFAs consider it yet another sizeable and largely unnecessary bureaucratic burden foisted on them by regulators and policymakers. I say "largely unnecessary" because it strikes me that every IFA should strive for "good outcomes" in any event...

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

Lords warns financial services bill could weaken regulators' accountability

Lords warns financial services bill could weaken regulators' accountability

Open letter to investment minister

Michael Nelson
clock 19 June 2026 • 2 min read
Designing bereavement around people, not paperwork: Surviving the FCA review

Designing bereavement around people, not paperwork: Surviving the FCA review

Only 47% of bereaved families feel adequately supported by financial firms

Lisa Lund
clock 18 June 2026 • 6 min read
Rathbones review puts FCA client cash crackdown in the spotlight

Rathbones review puts FCA client cash crackdown in the spotlight

Wider implications for the DFM sector

clock 18 June 2026 • 5 min read