Tim Sargisson: FCA or R&A?

Whose rules OK?

clock • 3 min read

Advisers spend significantly more of their week in their business than on the golf course, writes Tim Sargisson, so when it comes to reading matter, it is important to be clear where their priorities lie

Let me start by posing a question: how many people reading this piece have taken the time to read the 2019 Business Plan recently published by the Financial Conduct Authority (FCA)? Now here is another: if you haven't, why not? I put the same question to a group of financial advisers at a recent presentation and the response was underwhelming. I am not suggesting there is any dereliction of duty in not reading this document. It just came as a surprise that anyone authorised and regulated or holding a control function would not see it as important to read the regulator's business plan. ...

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