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...
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