Advisers criticise 'unexciting' £66,000 FCA logo

Regulator hired Saatchi & Saatchi

Victoria McKeever
clock • 2 min read

Advisers have criticised the new Financial Conduct Authority (FCA) logo, which cost more than £66,000 to produce, for being "unexciting" and "pointless".

They said the money spent on the rebrand could not be justified and was unlikely going to change consumer perception of the regulator.  The FCA had hired media agency Saatchi & Saatchi Pro to refresh its brand - including its current logo, as seen below - to make it more consumer friendly. Figures obtained by City A.M. through a Freedom of Information request found the regulator had spent £66,410 in total on the rebrand. It spent £57,600 on hiring Saatchi & Saatchi Pro for the project and £8,810 on design templates, fonts and trademark registrations. It said the cost had been fa...

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

Agile IT needed as rapid regulation change becomes the norm

Agile IT needed as rapid regulation change becomes the norm

'Gone are the lengthy consultation and rule-setting cycles that often took several years'

Paul Muir
clock 15 April 2024 • 6 min read
Leveling up the playing field when it comes to picking skilled persons

Leveling up the playing field when it comes to picking skilled persons

Given the prerequisite for accuracy, a rigorous selection process is essential

Richard Farr
clock 15 April 2024 • 4 min read
A practical way forward: Utilising hybrid to close the advice gap

A practical way forward: Utilising hybrid to close the advice gap

Will the FCA's advice/guidance review increase access to advice?

Chet Velani
clock 02 April 2024 • 6 min read