The FCA’s response to COVID-19 and expectations for 2020
Speaker: Megan Butler, Executive Director of Supervision – Investment, Wholesale and SpecialistsEvent: PIMFA’s Virtual FestivalDelivered: 4 June 2020Note: this is the speech as drafted and may differ from the delivered version Highlights: In operational terms, advisors and wealth managers responded well to the onset of the coronavirus (Covid-19) crisis. Whilst acting with speed has been the absolute priority, as the industry adapts to the long-term impact of coronavirus, there is a need to transition from the immediate ‘incident response’ towards focusing on longer-term impacts. In her speech to PIMFA’s members, Megan Butler explores the FCA’s priorities and longer-term expectations for the wealth management and advice industry.…