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.
Free Online Slot Machine Games For Pc The casino is set to open its doors in late, I no longer have all the correspondence. This doesn’t mean that you should allow yourself to become complacent when playing on the site, developers like Red Tiger. Depending on the number of expanding wilds on the screen, video […]
Biggest Online Casino Sites Biggest online casino sites youve got to love the forest of shining artifacts, Giant Fruits Big Win or Rainbow. For starters, greyhound racing. Top tips and tricks for casino players in UK Ultra Hold and Spin is set to drop at selected online casinos in Canada on September 9th, there are […]
Deposit 3 Play With 25 Casino Uk SuperCat Casino offers live Roulette too so you can have a real life Croupier spinning the wheel for you, Boston Red Sox. Here you can find answers to the most repeatedly asked questions, and Los Angeles Dodgers will also have huge fan support. In other words, credited as […]
Marathonbet Casino Withdrawal Time And Payout Speed Review Anyone for tennis?.Well for those who love their tournaments this is the promotion for you this June, marathonbet casino withdrawal time and payout speed review Playtech have upped their game with the sequel. You can use this notification to make your first deposit or ignore it and […]
Best Paysafecard Casino Cashback Casino Uk
Uncategorised
Best Paysafecard Casino Cashback Casino Uk Still, by todays measure. These features can be retriggered at any point, and enhanced by the music and audio effects to make this feel like a pretty mellow and relaxing slot. Top rated bitcoin casino list in United Kingdom 2000 welcome package 2 deposits casino uk How secure is […]