The FCA has published an alert to all Principals, regardless of sector, who have one or more Appointed Representatives or Introducer Appointed Representatives (‘ARs’). Principals are responsible for the regulated activities of their ARs. The alert sets out the risks that the FCA expects firms to consider and act upon, where relevant.
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This is a follow up to previous alerts about the risks involved in dealing with Introcuders. All Principal and Appointed Representative firms should read it.
For information.
Yet another switch has been found wanting at the FOS.
Will you be ready for the SM&CR review when it comes?
A sea change of focus hidden in a subtle change of terminology.
You are probably familiar with the concept of a target market under PROD rules. What about the negative target market?
Pension Transfers – need to consider a workplace pension
Alistair MacDougall Compliance 2020, Mortgage, Pension, Pension Transfer
Firms providing pension transfer advice must consider an available workplace pension as a destination for any transfer.