FCA to canvass small adviser firms on impact of regulation

Larger sample size to follow

Hannah Godfrey
clock • 1 min read

New regulations increasing pressures on financial advice firms

The Financial Conduct Authority (FCA) is set to canvass smaller advice firms in a bid to find out how its regulations impacts them.  On behalf of the regulator, independent consultancy Kantar Public will conduct in-depth interviews with a small, representative sample of firms over the next month. The initial interviews will inform the design of an online questionnaire that will be sent to a larger sample of firms in April and May. The FCA said such a survey will help to ensure FCA cost benefit analyses and judgements of proportionality take account of smaller firms' circumstances. ...

To continue reading this article...

Join COVER for free

  • Unlimited access to real-time news, key trend analysis and industry insights.
  • Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
  • Receive breaking news stories straight to your inbox in the daily newsletter.
  • Members only access to monthly programme 'The COVER Review'
  • Be the first to hear about our CPD accredited events and awards programmes.

Join now

 

Already a Cover member?

Login

More on Regulation

FCA urges firms to be alert to coercion

FCA urges firms to be alert to coercion

More consistent treatment from providers

Jaskeet Briah
clock 20 May 2024 • 3 min read
FCA considering how to reduce regulatory burden on brokers

FCA considering how to reduce regulatory burden on brokers

"We could simplify things for everyone"

Jaskeet Briah
clock 17 May 2024 • 4 min read
FCA chair: Name and shame plans 'valid' despite 'stern reaction'

FCA chair: Name and shame plans 'valid' despite 'stern reaction'

Ashley Alder was speaking at a Treasury Committee hearing

Cristian Angeloni
clock 09 May 2024 • 4 min read