FCA to survey adviser firms for RDR and FAMR review

57 responses to probe

Hannah Godfrey
clock • 2 min read

The FCA is set to survey a sample of financial adviser firms as part of the regulator's evaluation of the progress of the Retail Distribution Review (RDR) and the Financial Advice Market Review (FAMR).

The survey will be sent to a "sample" of businesses - the Financial Conduct Authority (FCA) did not say how many - to collect additional data about the industry. It will be sent at the beginning of August and firms will have until the end of September to complete it. On 1 May, the FCA published a call for input, asking for feedback on how it should approach its review on the RDR and the FAMR. In its report, the regulator asked people to answer 24 questions, based largely on consumer needs, the provision of advice, and guidance services and market changes. In an update published on Mon...

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