Shaun Hurst explains why now is the time for advice businesses to reassess their communication and compliance practices
As Labour's legislative agenda slowly starts to unveil following its recent ‘100-days in office' anniversary, there are clear signs of a tighter focus on regulation, of which advisers will be no exception. Corporate tax rate increases are just one example that will certainly impact advisory businesses, as the new government tries to fill the £22bn black hole in public finances. However, we can also expect to see Labour pushing harder on enforcement actions, likely including guidelines around communications monitoring for Financial Conduct Authority (FCA)-regulated professionals. Enfor...
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