FCA

Day One of Income Protection Awareness Week 2022

"Firms must also understand the characteristics of any consumer who experiences harm or a bad outcome"

Sarah Pritchard says review laying groundwork for future change

FCA warns of impact on physical and mental health

Review aims to understand how to reduce the regulatory burden

“Dilution of the IFA sector cannot be in the interests of the financial sector”

Headed up by Dave Corbett

Senior leadership expected to reach 50%

Starting in Q4 2022

Financial regulation overhaul