The FCA has revealed its mission to cut regulatory red tape for investment and advice firms is just beginning.
In an exclusive interview at Citywire Studios last week Nick Hulme, who heads the the department for advisers, wealth and pensions in the consumer investments directorate at the watchdog, admitted the FCA could do better in some aspects.
‘We need to work together,’ he told Citywire Wealth Manager. ‘So firms will see a regulator that is more open, more explicit in its support for growth, and less prescriptive. We need to be different. We all do.’
