The Treasury published a consultation earlier this month looking to make a number of changes to the AR regime to tighten it up.

This included bringing ARs under the Financial Ombudsman Service’s remit for complaints as well as making principal firms hold a special FCA permission in order to appoint an AR.

FT Adviser's Amy Austin speaks to Simon Morris, a financial services partner with CMS, and David Mills, financial adviser and founder & chair of Pilot, about whether the changes will have a large effect and what advisers can expect.

The FTAdviser Podcast is designed to inform regulated UK advisers on a range of topics, covering investments, pensions, regulation and other key issues.

Hosted on Acast. See acast.com/privacy for more information.