FCA: 'Huge opportunity for firms to shape the advice sector'

Calls on firms to embrace the regulator’s proposals

Sahar Nazir
clock • 2 min read

Firms need to “embrace the huge opportunity to shape the financial advice sector”, the Financial Conduct Authority (FCA) has said.

Speaking at The Lang Cat's Regenerate 2024 conference, which took place 8 February, Kate Blatchford-Hick, head of consumer investments policy and market analysis, suggested that there are "huge opportunities for firms to demonstrate how they can offer value to their clients". "This will help shape the sector," she said. Blatchford-Hick also highlighted the regulator's proposals including the simplified advice regime as part of its advice / guidance boundary review, as well as targeted support, and explained that they are the FCA's attempt at creating new avenues for firms to prov...

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 Adviser / Broking

Professional skills: If protection feels salesy, it's because the adviser is unclear on their role

Professional skills: If protection feels salesy, it's because the adviser is unclear on their role

“The client isn't being sold at. They're being looked after.”

Ash Borland
clock 19 May 2026 • 3 min read
CIExpert partners with Succession Wealth

CIExpert partners with Succession Wealth

Supporting protection as part of holistic planning

Jaskeet Briah
clock 18 May 2026 • 2 min read
Targeted Support is a turning point - but it must include protection

Targeted Support is a turning point - but it must include protection

“This is an important moment for the advice market”

Roy McLoughlin
clock 14 May 2026 • 5 min read