Host Tessa Norman is joined by PwC Directors Andrew Strange and Ian Ody to unpack how targeted support will impact consumers and firms, and how it fits into the FCA’s wider agenda to improve consumer outcomes and expand retail participation in capital markets. Our expert guests discuss the strategic choices firms face, from identifying use cases and customer segments, to navigating conduct risks and evolving their offering over time.
We also look ahead to how data, AI and evolving business models could reshape the advice and guidance landscape over the coming years, and why targeted support may be just the starting point of a much broader transformation.

To find out more, please contact any of our speakers at tessa.norman@pwc.com, ian.w.ody@pwc.com or andrew.p.strange@pwc.com. You can also access our risk and regulation insights on our website at: https://www.pwc.co.uk/industries/financial-services/understanding-regulatory-developments.html

In this episode, host Tessa Norman is joined by PwC Partner Michael Snapes and Director Stefanie Aspden from PwC’s Banking Financial Risk practice, to unpack recent developments across the UK banking prudential framework.

With the PRA recently finalising Basel 3.1 rules, and a wider set of changes spanning MREL, IRB model approvals and the Strong and Simple (SDDT) regime, our guests explore how these reforms fit together - and what they mean in practice for banks of different sizes and business models. They also discuss the Financial Policy Committee’s system-wide capital review, the PRA’s evolving approach to supervision, and the opportunities for firms to reset balance sheets and strategy in response.

In addition, the conversation tackles wider questions of whether these shifts represent a sensible optimisation of the post-crisis framework, or risk losing sight of the lessons learned during the financial crisis.

The UK’s financial and related professional services industry is at a critical juncture. With global competition intensifying and technology reshaping markets, standing still is no longer an option. In this episode, host Tessa Norman is joined by Miles Celic OBE, Chief Executive of TheCityUK, and Darren Ketteringham, PwC UK’s Financial Services Leader, to discuss insights from a new PwC and TheCityUK report on the future of the industry.

The conversation explores why bolder ambition, faster delivery and more decisive reform are essential to secure the UK’s leadership as a global financial centre for the next decade. Our guests unpack the report’s five imperatives for action – from leading at the frontier of financial technology, to building a nation of investors.

We also discuss the scale of the opportunity, with PwC modelling showing that acting decisively could unlock over £50bn in additional annual economic output by 2035.

Explore the full report here: https://www.pwc.co.uk/industries/financial-services/vision.html?WT.mc_id=CT2-PL200-DM3-TR3-LS4-ND30-TTA9-CN_visionInternal