May 2023: Month in review with editor Hope William-Smith

Take a look at some of the news and feature highlights of the last month

Hope William-Smith
clock • 3 min read

This month has seen a huge variety of news come out of the gates at Professional Adviser, all on the back of us launching a brand new adviser event…

Policy watch… The Financial Services Compensation Scheme published an update on its levy on 25 May, confirming it will drop it down to £270m for 2023/24, a significant change from the £478m it projected last November. PA news editor Sahar Nazir spoke to advisers would how they are preparing for the changed demand. Also, the Financial Conduct Authority (FCA) issued another warning this month on how it will discipline firms under the upcoming Consumer Duty regulation, telling advisers to expect "robust action" in event of poor compliance. The watchdog also came out to say it had found...

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 Your profession

Marlborough makes 'significant' investment in London-based planner First Wealth

Marlborough makes 'significant' investment in London-based planner First Wealth

First Wealth manages approximately £480m of assets

Sahar Nazir
clock 28 March 2025 • 2 min read
IFS director warns of 'months of speculation' over Autumn tax rises

IFS director warns of 'months of speculation' over Autumn tax rises

Likely that taxes could be raised further, thinktank director warns

Sahar Nazir
clock 27 March 2025 • 2 min read
Shackleton adds £200m in assets with PK Financial Planning buy

Shackleton adds £200m in assets with PK Financial Planning buy

Acquires financial planning, employee benefits and DFM businesses

Jenna Brown
clock 27 March 2025 • 1 min read