A practical guide to getting ongoing reviews in order

Have you considered file checks on annual review cases?

clock • 6 min read

Jennifer Peaty shares her regulatory insight and gives some practical tips of how advice firms should get ongoing reviews ship shape...

Following the introduction of the Consumer Duty, the Financial Conduct Authority (FCA) has now fired its first warning shot towards the advice sector about the delivery of ongoing services This was delivered earlier this year in the form of an information request sent to 20 of the largest advice firms, selected to give the widest possible understanding of market practice to assess if any further regulatory work should be undertaken in this area. The above approach should come as no surprise as in the portfolio strategy letters, sent to financial advisers and intermediaries in both 202...

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