Industry shares thoughts on regulator’s adjustments

With two of the UK’s main regulators abandoning plans to introduce rules aimed at improving DE&I within regulated firms, Isabel Baxter speaks to small and large advice firms on if they think this will impact industry progress…

The Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA) previously consulted in parallel with the industry on proposed rules and expectations that sought to improve diversity equity and inclusion (D&EI) at firms that fall under their remits. However, the FCA announced earlier this month that the project will no longer be going ahead.

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Professional Adviser – ‘A divisive and difficult topic’: Advice firms on DE&I progress