PA Asks: Were the FCA's ongoing advice review findings surprising?

This week’s poll also looks at HNWI UK exodous and the IHT gifting regime

Professional Adviser
clock • 1 min read

In this week's PA Asks, we want to know whether you think the Financial Conduct Authority's (FCA) ongoing advice review findings were surprising.

The FCA's recent ongoing review findings showed that there were fewer than 2% of cases where clients had not received suitability reviews over a seven year period. Did you find this surprising? The regulator has set out to automatically delete 'non-essential' employees' emails after a year. This move was criticised by MPs last week, saying it would threaten the transparency and accountability. Has the FCA got it right on this policy? Meanwhile, HNWIs are reportedly increasingly leaving the UK. Have any of your clients discussed relocation due to government taxation policies? Finall...

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