FCA Positive Compliance Workshops

A number of the Financial team have recently attended the FCA’s Positive Compliance Workshop which concentrated on the topics of RDR and Centralised Investment Propositions (CIPs). As a result, we felt it would be useful over the next few “Financial Updates” to provide you with some feedback and pointers to where the FCA have concerns and what they are likely to be focusing on next year.

The FCA are looking to engage more with the advising community and following general questions and feedback from previous workshops, RDR and Centralised Investment Propositions were the two areas where advisers felt they needed clarity.