At a recent FTAdviser event, the Financial Conduct Authority's proposals about duty of care were the main topic of discussion.
The briefing, hosted at the Financial Times in London, brought together speakers and attendees from across the wealth management and advice industry.
Sir John Redwood of Charles Stanley gave his thoughts on the outlook for global markets this year and whether client concerns about a recession are founded.
Then Sebastien Petsas, director, regulatory consulting at Duff & Phelps, moved the discussion onto the FCA’s duty of care consultation paper and what the regulator expects from advisers when it comes to duty of care and suitability.
And advisers gathered at the event discussed what their concerns were about the duty of care proposals, as well as how they deliver financial solutions that meet client needs.
Read on to find out more about the topics covered during the suitability and duty of care briefing, in association with Charles Stanley.
This guide is worth an indicative 60 minutes of CPD.
Contributors to this guide include: Damian Fantato, deputy editor of Financial Adviser; Sebastien Petsas, director, regulatory consulting at Duff & Phelps; Sir John Redwood, chief global strategist at Charles Stanley; Barry Bennett, principal of Bennett Wealth Planning; Mitesh Patel, head of compliance at Saunderson House; Will Walker-Arnott, investment manager at Charles Stanley; Gemma Barker, a trainee adviser at KMG Independent; Financial Conduct Authority.
The report, which can be read by clicking the link in the image above, qualifies for an indicative 60 minutes' worth of CPD.
Ellie Duncan is features editor at FTAdviser and Financial Adviser
