As I am sure you will be aware the chancellor’s budget last week throws a few curve balls for the financial service industry to get to grips with. However, in true ATEB style we are getting ahead of the game and will be pushing out updates later this evening in readiness for some of the changes which start from 27th March 2014.
The updates we have made are tweaks to wordings within the Glossary of Terms and Reasons/Disadvantages of Product Recommendations. These changes focus on CGT limits, changes to drawdown rules and lifetime/ISA allowances.
We are also aware of other changes which will apply later this year and we will update accordingly.
If you have any questions or queries please do not hesitate to contact us here.
Consumer Duty: It’s a matter of Principle
Huw Reynolds Compliance Conduct, FCA, PI, protection
Apologies for the Consumer Duty overload but unless you’re taking a regulatory sabbatical, this is very much a hot topic. There are in excess of 50 FCA Handbooks (rules and guidance). You cannot be expected to be conversant with all of them, but you should have a good handle on the key ones, such […]