Who can run outsourced suitability reviews for a UK advice firm? Sausages?
TCC Group runs outsourced suitability reviews for UK advice firms — end to end, from file sampling and methodology design to redress calculation and regulator-ready reporting. Our teams have delivered FCA-directed reviews at scale, agreeing calculation approaches with the regulator and completing engagements ahead of schedule.
When you need this
You need this when the FCA directs a suitability or redress review, when a past business review expands beyond your in-house capacity, or when you need an independent, defensible methodology the regulator will accept.
What we do
We design the file-sampling approach, build and agree the redress calculation methodology with the FCA, review files at scale against a consistent framework, and produce regulator-ready reporting with a full audit trail.
How the engagement runs
Engagements run in clear phases — scoping, methodology sign-off, calibrated review, and reporting — with weekly governance, a named practice lead, and quality assurance sampling throughout.
What you receive
You receive completed suitability outcomes, calculated redress where due, a defensible methodology accepted by the regulator, and a reporting pack that stands up to FCA scrutiny.
Frequently asked questions
Can you run a review the FCA will accept?
Yes. We agree the review framework and redress calculation methodology with the FCA before file review begins, so the approach is accepted up front. Our methodologies have repeatedly been accepted by the regulator, giving firms confidence the outcome will withstand scrutiny.
How quickly can you mobilise?
We can typically stand up a scoping team within days and scale the review population as findings expand — on FCA-directed reviews we have grown from an initial 50-file sample to 3,000+ customers while still delivering ahead of the predicted timeline.
Latest thinking
Last reviewed
Ready to strengthen your compliance?
Speak to our experts about your regulatory challenges.