The FCA is to end the Covid-19 flexibility it has allowed this year on implementing the new Senior Managers and Certification Regime (SMCR).

The FCA has told firms that Senior Managers must consider the “emerging risks” from the Coronavirus outbreak.

Adviser-build wrap platform Nucleus has launched a white paper to help advisers finalise their preparations ahead of the Senior Managers and Certification Regime (SM&CR).

I ended my last commentary by expressing concern for all senior managers working with SIPPs – whether as a provider or adviser – given the ongoing regulatory uncertainty particularly around the responsibilities for investment due diligence.