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: