Business Details
22 Years
experience
Trusted IFA Compliance Services in Blackpool
Established in 2004, I F A Consultancy was founded specifically to provide specialist compliance support services to directly authorised Independent Financial Advisers (IFAs). With nearly 30 years of combined experience in IFA and FCA compliance, our team delivers informed and responsive regulatory support tailored to the evolving needs of financial advisory firms. Our principal consultant, Kevan Thorn, leads every project directly, leveraging his 10 years of industry experience as an IFA and 20 years as a compliance specialist to create bespoke compliance strategies. We serve firms across the UK through both face-to-face and remote advisory services, prioritising a personal approach that mirrors the efficiency of an internal compliance department without the overhead. Our services span FCA compliance audits, regulatory updates, file checking, and training, underpinned by a commitment to ethical standards and membership in the Association of Professional Compliance Consultants (APCC).Headquartered in Blackpool, our modern offices provide convenient access for clients nationwide. We offer flexible engagement models without fixed-term contracts, ensuring long-term partnerships that adapt to regulatory changes. Our clients benefit from a comprehensive six-month FCA Compliance Support Plan, ongoing monitoring, and access to a specialist document library. We pride ourselves on delivering cost-effective solutions that enable IFAs to focus on their core business while maintaining compliance with the Financial Conduct Authority's stringent requirements.
Services
FCA Compliance Audits
File Checking
Regulatory Updates
Training
Policy & Procedures
SM&CR Support
Complaint Resolution
Regulatory Visits
Document Library
Compliance Plans
Details
- Year established: 2004
Highlights and features
- 30 years combined IFA and FCA compliance experience
- Personalised service led by principal consultant Kevan Thorn
- No obligation initial consultation available
- Transparent pricing with daily rate of 600 (no VAT)
- Flexible engagement without fixed-term contracts
Associations and certifications
- Association of Professional Compliance Consultants (APCC)
Services
FCA Compliance Audits
Comprehensive reviews of compliance protocols and controls to identify regulatory risks. Advises on remedial actions to meet FCA requirements. Ensures adherence to Conduct of Business Sourcebook (COBS) standards.
File Checking
On-site or remote monitoring of adviser files to ensure compliance with regulatory standards. Provides individual feedback to improve advisory practices. Integrates findings into Training and Competence plans.
Regulatory Updates
Timely analysis of regulatory changes impacting financial advisory firms. Delivers actionable insights to maintain compliance with evolving FCA rules and reporting requirements.
SM&CR Support
Guidance on Senior Managers & Certification Regime compliance. Assists with annual submissions, staff recruitment, and training induction for regulated employees.
Compliance Training
Specialist training in key areas including data protection, anti-money laundering, and customer service. Enhances adviser competence and regulatory compliance across firms.
People
Kevan Thorn
Principal Consultant
CII diploma holder with 28 years' experience in financial services. Combines 10 years as an IFA manager with 18 years as a compliance specialist. Leads all client projects directly.
Questions
What compliance services do you offer for IFAs?
We provide FCA compliance audits, file checking, regulatory updates, SM&CR support, policy reviews, and specialist training tailored to Independent Financial Advisers' needs.
How experienced are your consultants?
Our principal consultant has 28 years' experience in financial services, including 10 years as an IFA manager and 18 years as a compliance specialist.
Do you offer flexible pricing options?
Yes, we offer transparent pricing with a daily rate of £600 (no VAT) and hourly rate of £100 for remote compliance work without fixed-term contracts.
How do you deliver your services?
We provide both face-to-face and remote services across the UK, including policy writing, file checking, regulatory reporting, and compliance training.
Are you affiliated with professional bodies?
We are members of the Association of Professional Compliance Consultants (APCC), demonstrating our commitment to professional standards and regulatory excellence.