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The FCA's ongoing advice review – how to avoid regulatory action

Laura Miller, 04/03/2024

The Financial Conduct Authority (FCA) has requested information from firms about the delivery of their ongoing advice services and the Consumer Duty. This latest test for wealth managers to prove their value has particular expectations for those advising ultra-high net worth investors (UHNWIs).

Around 20 of the UK’s largest advice firms are receiving a survey from the FCA requesting information about their delivery of ongoing services for which their clients continue to be...


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