Is UK financial regulation about to get tougher and faster? In this special edition of FT Adviser Briefing, Amy Austin speaks with Kate Blatchford-Hick, head of consumer investments policy and market analysis at the Financial Conduct Authority about its push to make regulation “faster, sharper and harder to evade”, and what that means for firms, advisers and consumers.
As the regulator faces pressure to support economic growth while maintaining oversight, we explore how the FCA is navigating that balance and where it may draw the line. Kate explains the FCA's announcement about ditching the annual review requirement for ongoing advice, turning attention to the trail commission, what advisers and firms should expect from the upcoming changes and how tougher enforcement could reshape the market.
00:00 - Welcome to FT Adviser Briefing
00:39 - FCA's thinking on simplifying adviser advice
03:35 - How will targeted support and simplified advice work alongside one another?
04:45 - What products will simplified advice be most useful for?
07:10 - How affordable will this be for advisers?
10:54 - How the FCA will police the reforms
14:08 - Trail commission
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