A Financial Conduct Authority conduct risk specialist has left the regulator for a consultancy firm which helps advisers with compliance.

Phil Deeks had been FCA technical specialist within the life insurance and financial advice sector since July 2014.

He joins The Consulting Consortium as technical director to its advisory team.

He has nearly 20 years’ experience in risk, regulation, compliance and conduct.

Previously, he held various senior compliance roles at Deloitte and Legal & General.

Mr Deeks said: “TCC has an impressive reputation in the industry and I’m excited to join the firm at a time when culture and conduct have never been higher on the industry’s agenda.”

He will be responsible for technical oversight of client projects, research into regulatory requirements and expectations, and providing support in developing advisory strategies and business relationships.

The company runs a conduct risk compliance programme designed to support advisory firms in meeting their regulatory objectives and also
provides compliant Paraplanning and technical administrative support services.

Darrell Evans, chief executive, said: “Phil is a key strategic addition to the advisory team and brings with him invaluable knowledge and experience within culture and conduct risk that will add exceptional value to our clients.

“His appointment reflects our commitment to the industry and supports our vision in guiding our clients to a future where company culture governs conduct.”

His appointment follows the summer additions of Matt Hodey and Andy Sutherland to the board.