Financial services regulation in the UK has been “a real force for good”, according to FNZ founder and group chief executive Adrian Durham.
Speaking yesterday (20 June) at The Lang Cat's Advice Tech Catwalk, Durham told delegates that the UK is a leader in the regulation space. He advocated for the Consumer Duty regulation and said FNZ, the wealth management platform which he founded in 2003, would not exist without the Financial Conduct Authority's consumer focus. "Regulation has helped the company become more efficient," Durham said. "It has been a real force for good, for us, and for the end consumer. It creates opportunities". Durham acknowledged that integration between platforms and advice firms remains a challen...
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