Ross Liston: The advice industry is about to change like never before

12 January 2022

The newly-unveiled Consumer Duty from the FCA has been met with criticism, but does it offer the advice industry a crucial opportunity to reset?

One of the biggest strengths of the financial advice sector is its ability to evolve and adapt in the face of great change. Over the past decade the Retail Distribution Review, Treating Customers Fairly, MiFID and Brexit have completely changed the face of our industry. What is coming down the line in the next three to five years will transform the advice market in a way that we have never seen before – and it is already underway.

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