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UK wealth management sector growing and adapting

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FCA wealth management survey points to continuing growth and consolidation and rapid adoption of tech, while face-to-face interaction remains dominant.

A dynamic, growing ecosystem that is adopting technology at a rapid pace is revealed in the FCA’s 2026 Wealth management survey report.

According to Lucy Castledine, director of consumer investments at the FCA, “this change brings opportunity” but “must be matched by strong standards.” She urged firms to put in

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