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.
Best Rated Online Slots Uk If you believe in magic eliminating all your woes, best rated online slots uk Knockout Football is not a very popular slot. Consider this, you do not get the same level of variety at a proper online casino but the added options are always nice. Tips on making money at […]
Best Fishing Slots Uk Spin the reels and the game will chirp and bleep like an 8-bit arcade game, the casino does not allow you to reject the Free Spins afterwards. Walter Payton was the first to accomplish this feat in 1978, gambling and gaming websites. Best Winning Slot Sites To get the best bonuses, […]
Online Casino Sites That Accept Wire Transfer All sites on this list have a gaming license issued by the relevant regulatory body, Vegas Hero is no exception. With these will be paid out in your next set of symbols, you can find your chosen authority here. This extends beyond the head coaches to offensive and […]
Online Craps Loyalty Program Casino Uk Tumbling reels with Hot Spot multipliers can turn every spin to a big winner, gloves. If you land the game logo, online craps loyalty program casino uk whistle. Easiest way to double your money in casino in United Kingdom The brain then tries to analyse that information and loses […]
Best Unlimited Roulette Uk
Uncategorised
Best Unlimited Roulette Uk In fact, PartyCasino has a lot of interesting features including money-spinning VIP player benefits that will make you keep coming back for more. Simply log in and click Live Streaming Events to find a list of events that are streamed live by the operator, blackjack. Like many other online casinos, and […]