March 2026

      The FCA is consulting on proposals to simplify the rules on advice and help consumers with more straightforward needs, making advice more accessible and affordable. ​

      Although the proposed changes are only at the consultation phase, there are several next steps that firms can already be considering – including how new opportunities could impact on firms’ business models.

      KPMG in the UK’s article below unpacks the detail of the consultation, identifies potential challenges and sets out next steps for firms:

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      Simplifying the advice rules

      Our insights

      The articles on this page provide insights on the evolving investment management regulatory environment

      Delivering (and evidencing) good outcomes for customers

      Our people

      Jane Wilson

      Director, Financial Services

      KPMG in the UK

      Daniel Barry

      Partner, Wealth & Asset Management

      United Kingdom

      David Collington

      Wealth and Asset Management, EMA FS Regulatory Insight Centre

      KPMG in the UK