FCA Consolidation Review: Key actions for firms navigating M&A

Significant consolidation at all levels in the financial advice and wealth management sector through mergers and acquisitions (M&A) has been a trend for some time.   This has been driven by a range of different purchasers, from trade buyers looking for growth and increasing assets under management, to private equity-backed consolidators.  In response to this increased activity, the Financial Conduct Authority (FCA) recently published a review, setting out good practice and areas for improvement, with the aim of supporting growth in the sector. The review emphasises that the FCA gen...