Wealth managers could drop annual reviews under FCA overhaul

Sarah Johnson

2025-12-19 10:48:41

Wealth managers could drop annual reviews under FCA overhaul

ShareResize https://cdn.accountdigital.net/FsetyZu1JxJNs2TPncF0QbJg3C_r Ongoing advice returns to the top regulatory agendaPhoto: Bloomberg/Hollie Adams/Getty Images The requirement for wealth...

ShareResize

Ongoing advice returns to the top regulatory agendaPhoto: Bloomberg/Hollie Adams/Getty Images

The requirement for wealth managers to review the suitability of client investments each year could be scrapped as part of a radical overhaul of the Financial Conduct Authority’s rules.

As part of a survey sent to financial advice firms seen byFinancial News, the regulator said it was considering giving firms the flexibility to review portfolios every 18 months or two years instead, or axing the requirement altogether.

I’m Lost About My Grandpa’s Social Security Money, Where Do I Start?

Deutsche Bank to roll out ‘banking butlers’ for affluent clients

Sanrio’s CEO on expanding beyond Hello Kitty and traditional retail to succeed in global markets

Why an obsession with Big Tech is not progress

Earn up to 4.18% APY. Here are the best CD rates today, Dec. 8, 2025

I Struggled to Repair My 2010 Prius And Don’t Know If It Was Worth the $4,300 Investment

Personal Finance — 2025-12-31 01:55:58

I’m Lost About My Grandpa’s Social Security Money, Where Do I Start?

Of the 70 million-plus people who receive monthly Social Security checks, many rely heavily on this money. For a large percentage of this group, this...

Wealth Management — 2025-12-23 01:40:46

Deutsche Bank to roll out ‘banking butlers’ for affluent clients

ShareResizeDeutsche Bank will create a 'unique service', according to private banking boss Claudio de SanctisPhoto: Ore Huiying/Bloomberg/Getty...

Business — 2025-12-12 15:21:23

Sanrio’s CEO on expanding beyond Hello Kitty and traditional retail to succeed in global markets

When Tomokuni Tsuji became president and CEO of Sanrio in 2020, he made headlines as Japan’s youngest-ever chief executive of a listed company. The...