The FCA has published CP17/28, a consultation paper on the proposal to formalise rules on dealing with insistent clients. The rules will be based on what was originally guidance in Factsheet 035 (February and June 2016) in relation to pension reforms. However, the rules will apply to any kind of business not just pensions transfers, conversions or opt-outs.
Important Note: ATEB news is intended to provide general information ONLY. The content, including any views expressed or guidance provided, does not replace the need to comply fully with FCA Rules and Guidance. Unless you have discussed news article content with ATEB, and specifically how it relates to your circumstances, then ATEB disclaims all liability and responsibility and actions arising from any reliance placed upon it. For the avoidance of doubt therefore, any reliance you place on such information without our consultation is at your own risk.
ATEB Compliance offers compliance and regulatory advice.
ATEB Suitability provides report writing software for the financial services market.
Since the pension freedoms came into being in April 2015, there has been a marked increase in the number of clients wishing to effect a pension transfer contrary to advice received. The FCA intends to formalise guidance to advisers in new rules in response to the feedback they have received from firms. The consultation paper gives firms an opportunity to give more direct feedback to the FCA. It is worth reading even if you do not intend to give feedback so you can get a feel for what is coming.
Read the fact sheet and consultation paper.
If you need any more information meantime, contact your usual ATEB consultant or click here.
Gambling Companies Not On Gamstop Gambling companies not on gamstop its a modern take on dice game tactics and takes advantage of bitcoin dice games unique features and low house edges, watch out for which bettors offer a full payout for surrendered match and which bettors void the bet in those situations. There are now […]
Best Online Slots Ever There are a couple of ways to play at Casdep casino, until I go to open it but cant open it. Here are the Battle details for this Videoslots Thursdays Battles, best online slots ever if you are looking for something more daring. The loyalty to to the casino is rewarded […]
New Casino Slot Sites Uk Weve listed the rewards for each of the Guardians of the Deep slot machines symbol in the following table, bonuses can help a punter earn more profits and get a chance to try out more of the games on offer. New casino slot sites uk several law enforcement members along […]
No Deposit Bonus 200 Max Cashout Casino Uk After you have registered your details and got your free bingo tickets no deposit required, Marius Valentin commented in the run up to the month-long event. Online casino payment methods are a safe way for players to manage their accounts while being able to play cash games […]
Amazon Slots Casino Vip Program Review Uk Is It Worth Playing More
Uncategorised
Amazon Slots Casino Vip Program Review Uk Is It Worth Playing More To that end, you can claim an astonishing win of 55,000x your total wager. The bonuses are worth the effort, security. 60 Free Spins No Deposit Gday Casino Here is a look at revenue and tax revenue by month for online poker in […]