FCA canvassed 30 'small' adviser firms on impact of regulation

Second questionnaire to be sent

Hannah Godfrey
clock • 2 min read

The Financial Conduct Authority (FCA) asked 30 advice businesses for their opinions on the impact of regulation on small firms, Professional Adviser can reveal.

A freedom of information request by PA has revealed the FCA used consultancy firm Kantar Public to conduct the research on "small" advice businesses. Kantar was given an 'interview topic guide' and then came up with questions to ask the 30 firms through in-depth interviews, to which the firms' answers remained anonymous. For the purposes of the research, the FCA considered ‘small' firms to be those employing 50 or fewer people with regulatory permissions.  The purpose of the 30 interviews, which took place earlier this year, was to inform the design of a large-scale online questionnai...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Regulation

Moving beyond FG12/16: The evolution of investment propositions

Moving beyond FG12/16: The evolution of investment propositions

'The modern adviser requires a holistic approach'

Karl Dines
clock 21 November 2024 • 4 min read
FCA's Nikhil Rathi registers interest for top civil service job - reports

FCA's Nikhil Rathi registers interest for top civil service job - reports

FCA CEO term to end next year

Linus Uhlig
clock 19 November 2024 • 1 min read
A practical guide to getting ongoing reviews in order

A practical guide to getting ongoing reviews in order

Have you considered file checks on annual review cases?

Jennifer Peaty
clock 19 November 2024 • 6 min read