Written by Professional Adviser
After years of sitting through tedious debates on the precise meaning of seemingly innocuous terms in the Financial Conduct Authority (FCA) handbook and watching genuinely useful ideas founder on the perilous rocks of COBS, I really thought HM Treasury would sail to the rescue.
In a sector with so much complexity, to what extent is RegTech solving the real compliance issues facing financial services?
Half of the companies in the first wave of the Financial Conduct Authority's advice unit have either launched a low-cost advice service or will be doing so imminently.
Over the last ten years it has become increasingly possible to turn bright technology ideas into smooth, working, scalable solutions, writes founding director of Altus, Kevin Okell.