FCA review of equity release advice
The FCA has published the findings from its review of equity release advice.
Compliance
Extension of implementation period for SM&CR
The date for certifying staff has been deferred in light of the current health emergency.
PS20/06 – part one: ban on contingent charging
The first of four articles explaining the implementation and implications of Policy Statement PS20/06.
DB Transfers – FCA data request
The FCA is issuing a further data request to firms in the DB transfer market.
Consideration of life cover options when advising on transfers
Transfers and death benefits: considering life cover as more than lip service.
Data protection for joint parties
Take care not to be caught out if the client provides details of another person.
RegData – Gabriel replacement
The FCA is now preparing to gradually move firms across to RegData, the new data collection platform, which replaces Gabriel.
ESG investing – new rules coming along soon
New rules around ESG investing are expected in 2021. Firms should start preparations sooner than later.
Adviser only platforms
Is it risky to recommend a client invests via an adviser only platform?
FCA framework for firms on assessing adequate financial resources
The FCA has published finalised guidance on its framework to help financial services firms ensure they have adequate financial resources and take […]