Compliance training and evidence for small wealth managers
CoreCompliance is a compliance training subscription for small UK wealth managers. It gives directors and compliance officers FCA-aligned training across the topics relevant to regulated wealth firms, plus an audit trail showing who completed what, when and with what result. Produce audit-ready evidence in one click. Set up in an afternoon.
Running a regulated firm with no compliance team means one missing piece of evidence is all it takes.
What compliance training does a small wealth firm need?
A small UK wealth firm typically needs training covering areas such as suitability, Consumer Duty, SM&CR, vulnerable customers, AML, conflicts of interest and complaints. The exact requirements depend on the firm's activities, permissions and responsibilities.
The firm also needs to be able to evidence that training. For a small wealth manager without a dedicated compliance team, maintaining that audit trail can become another administrative task.
The specific pressure points for wealth firms under 50 staff include:
- Suitability and ongoing suitability of advice
- Consumer Duty, including fair value and vulnerable customers
- SM&CR and non-financial misconduct
- Conflicts of interest and inducements
- AML and financial crime
- Producing audit-ready evidence without relying on spreadsheets and PDFs
CoreCompliance combines FCA-aligned training, an audit trail and downloadable evidence in one self-serve subscription for small regulated firms. For the underlying regulatory detail behind any of this, see the Skillcast regulatory guides.
What FCA compliance training should a wealth firm cover?
Topics a small wealth firm may need to evidence
- Suitability and ongoing suitability of advice
- Consumer Duty
- SM&CR and non-financial misconduct
- Vulnerable customers
- Conflicts of interest and inducements
- Anti-Money Laundering (AML) and financial crime
- Anti-bribery and corruption
- Market abuse and insider dealing
- Data protection and UK General Data Protection Regulation (GDPR)
- Complaints handling under the FCA's Dispute Resolution: Complaints sourcebook (DISP)
- Financial promotions
- Cyber security awareness
What your CoreCompliance subscription includes
- All relevant topics in one subscription
- Interactive training that updates automatically when a rule changes
- Unlimited admin users
- An audit trail showing staff, training, completion dates and results
- Audit-ready evidence you can download when required
- Aida, the AI compliance assistant, included on every plan
How does compliance training work for a small wealth firm?
No setup. No content creation. No admin burden.
Sign up, start your training and view the audit trail from your first course. There is no implementation phase and no IT involvement required.
- 1 Sign up for your 30-day free trial, no card required
- 2 Start up to five courses and see the interactive format for yourself
- 3 Check the completion records and audit trail generated during the trial
Training and the audit trail, in one subscription
Train the whole team without building a separate programme for every role
CoreCompliance gives advisers, investment managers, paraplanners, client services, compliance and directors access to the same interactive training library.
Produce the audit trail when the FCA asks
CoreCompliance keeps a record of staff, courses, completion dates and results, so you can produce audit-ready evidence when the FCA or another reviewer asks for it.
Take training administration off your personal list
Automated chasers follow up with staff who have not completed their training. The audit trail is maintained as the programme runs, without someone having to check completion manually every quarter.
Aida answers regulatory questions for firms without a dedicated compliance team
Every CoreCompliance subscription includes Aida, an AI compliance assistant grounded in Skillcast's curated regulatory content. When an adviser has a question about a suitability assessment, a paraplanner is unsure about a vulnerability indicator, or a director wants to check current Consumer Duty guidance, they can ask Aida. It cites its sources, links back to the FCA Handbook and refuses questions outside its scope.
Pricing for small wealth firms
CoreCompliance starts from £349 a year, with volume pricing as your firm grows. The annual subscription includes training, the audit trail, reporting and Aida, with no separate implementation fee.
What CoreCompliance is not
- It is not a compliance consultancy. CoreCompliance is a compliance training and evidence platform for small regulated firms. If you need someone to write a Consumer Duty implementation plan from scratch or represent you in a Section 166 review, you need a consultant.
- It is not a bespoke content builder. If you need custom courses for a proprietary strategy or process, CoreCompliance is the wrong fit and Skillcast Portal is designed for that.
- It is not designed for sophisticated enterprise requirements. CoreCompliance is deliberately simple. If your firm needs custom branding, deeper reporting, HR system integrations or dedicated account management, particularly as your organisation grows beyond the small-firm use case, Skillcast Portal is designed for those requirements.
Compliance training questions, answered
What does the free trial actually let me do?
The trial lets you start and complete up to five courses yourself, then see the completion records and audit trail the platform keeps. It does not include inviting your team or assigning training.
How do small wealth firms evidence compliance training?
CoreCompliance maintains an audit trail showing who completed each course, when they completed it and the relevant result. You can download the records as audit-ready evidence when required.
Do I need CoreCompliance if I already have a compliance consultant?
The two can be complementary. A consultant can provide strategic advice and handle deeper regulatory work, while CoreCompliance keeps training running and maintains the audit trail.
We have appointed representatives and self-employed advisers. Are they covered?
Yes. You can add them as users regardless of employment status. Appointed representatives, employed advisers and self-employed advisers under a network arrangement can receive the relevant training and have their completion recorded in the same audit trail.
What about the non-financial misconduct rules that came into force in September 2026?
The non-financial misconduct rules commenced on 1 September 2026 and now apply to every SM&CR firm regardless of size. CoreCompliance includes non-financial misconduct training and evidence as part of your subscription. See the full non-financial misconduct hub for what small firms need to have in place now.
Can we cancel?
Cancelling stops renewal rather than ending the current paid term. Subscriptions are annual, with no monthly option, and there is no refund for the remaining paid period.