Moving beyond FG12/16: The evolution of investment propositions

'The modern adviser requires a holistic approach'

clock • 4 min read

Karl Dines returns to Professional Adviser with a look back at 'pioneering' FG12/16 and says advisers should consider a move beyond its confines...

2012 was a year of significant events. The Costa Concordia cruise grounded off the Tuscan coast, Queen Elizabeth II celebrated her Diamond Jubilee, and Ed Sheeran and Adele triumphed at the BRIT Awards. It was a year when the Shard, the tallest building in Europe, officially opened its doors, and London prepared for the Olympic Games. Amidst all this, the financial landscape was also evolving, notably with the introduction of FG12/16, a document that would shape investment advisory practices. What is FG12/16 and why is it important? FG12/16: Assessing Suitability: Replacement Busine...

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 Regulation

Legal director Chloe-Jane Belton: FCA vs Woodford to test the regulatory perimeter

Legal director Chloe-Jane Belton: FCA vs Woodford to test the regulatory perimeter

To be 'a case to watch'

Chloe-Jane Belton
clock 15 June 2026 • 5 min read
Neil Woodford's W4.0 rejects FCA's characterisation and 'regrettable' civil claim

Neil Woodford's W4.0 rejects FCA's characterisation and 'regrettable' civil claim

In response to civil proceedings from the regulator

Patrick Brusnahan
clock 09 June 2026 • 2 min read
FCA obtains £452,000 confiscation order in Ponzi fraud case

FCA obtains £452,000 confiscation order in Ponzi fraud case

Confiscation order against convicted fraudster Daniel Pugh

Sophia Panayi
clock 08 June 2026 • 1 min read