The FCA’s latest portfolio strategy letter for financial advisers and investment intermediaries has become an important cornerstone of its communications.

While the business plan remains a must-read, the portfolio strategy letter offers deeper, sector-specific insights, highlighting the FCA’s priorities and, importantly, its expectations for advisory firms.

TCC’s Technical Director David Boyhan explores this in his latest article for Money Marketing. 

To read why the regulator’s update highlights the importance of firms undertaking adequate due diligence of their back books, click here.