Episode 70: Regulatory update - What should we expect in 2025?

David Morrey and Ben Farmer delve into key regulatory trends set to impact financial services by 2025. They highlight a decrease in FCA fines and explore the implications of future changes in the FCA Handbook. The discussion includes challenges in motor finance remediation and ongoing issues for financial advisors. They analyze the balance between simplifying regulations and effective oversight, especially regarding vulnerable customers. Finally, they consider the importance of transparency and competition in shaping the upcoming landscape.