In conversation with advisers: staying on top of regulatory risk

clock • 1 min read

Partner Insight: Cathi Harrison, director of para-sols and Apricity and Clare Farrell managing director at Northfield Wealth met in London recently to discuss how to stay on top of regulatory risk.

In the first video of the series, Cathi Harrison and Clare Farrell talk to Julian Marr, Editor of Professional Adviser about the recent regulatory changes by the Financial Conduct Authority (FCA) and the burden facing financial advisers as a consequence of these changes.

Harrison: "There are various practical solutions available to financial advisers, however a bigger change in thinking is needed. This year has been particularly tricky with MiFID II and GDPR, but overall it has been a good opportunity for advisers to review their business.

"The regulations are not there to be annoying, but are there to protect the financial advisers and their clients. There will be a lot more regulations to follow. The introduction of GDPR was great, as it updated data protection laws which were 20 years' old. I imagine it will happen again in ten years' time, as technology moves that fast."

Farrell says: "Regulatory changes are a particular good reason to look at your finances and make sure you are up-to-date. As an adviser for a number of years, you should be used to change, and expect something to change two, three or four times a year from a regulatory and planning perspective. Most of the regulation introduced has been for the protection of clients."

To read more articles like this, sign up here

More on Investment

IFAs look to boost clients' private markets exposure

IFAs look to boost clients' private markets exposure

Expect increase in stock market volatility

Jen Frost
clock 02 July 2025 • 2 min read
Winds of change: Private markets access for retail investors

Winds of change: Private markets access for retail investors

Investing in LTAFs, accessibility aside, needs careful consideration

Dorian Hughes
clock 02 July 2025 • 5 min read
Stock pickers call for caution over rapid return to US equities

Stock pickers call for caution over rapid return to US equities

Quilter's WealthSelect boosts fixed income and reduces equity exposure

Linus Uhlig
clock 01 July 2025 • 1 min read

In-depth

Why Gen Z still trusts financial advisers in the age of finfluencers

Why Gen Z still trusts financial advisers in the age of finfluencers

A digital generation with a human touch

Sahar Nazir
clock 23 June 2025 • 4 min read
QROPS class actions: What next for frustrated UK expats?

QROPS class actions: What next for frustrated UK expats?

Calls for reform across the board as insurers fight back in IoM

Isabel Baxter
clock 29 May 2025 • 7 min read
AI on trial: FCA's Live Testing opens new path for advisers

AI on trial: FCA's Live Testing opens new path for advisers

Offering regulated firms a controlled space to trial advanced technologies

Sahar Nazir
clock 21 May 2025 • 7 min read