The watchdog’s survey is aimed at making sure cost benefit analyses take account of the circumstances of smaller adviser businesses.
An online questionnaire will be sent to a large sample of firms in April and May.
Those questioned will be formed off the back of in-depth interviews that will be carried with a small sample of firms over the next month by third party Kantar Public.
All results will be anonymised.
The FCA said it would greatly appreciate the participation of any firms that are contacted by Kantar.
FCA practitioner panel survey
At the same time, the regulator is asking 12,000 regulated firms to speak to the regulator and share their views and concerns through the annual practitioner panel survey.
Views provide feedback to the FCA’s board and executive about the watchdog’s performance.
Results help shape the FCA’s approach and the survey is again carried out by Kantar.
Last year’s feedback showed that the industry’s satisfaction with its relationship with the FCA, as well as the industry’s rating of watchdog’s effectiveness have increased.
Areas for improvement for the FCA were to facilitate innovation, increase transparency of regulation and give more forward-looking regulation.
