Our recent article provided an overview of the FCA’s latest thinking around Pension Transfer advice as presented at a series of workshops being run around the country.
If you are involved in advising on pension transfers and have not attended one of the workshops, there is still time to do so. The remaining venues and dates are shown below.
19 March – Exeter
20 March – Telford
27 March – Doncaster
28 March – Newcastle
Further details can be found here.
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Firms involved in advising on pension transfers should attend one of the workshops if at all possible. The FCA does note who attends!
For information.
Although the new rules do not take effect until May 2018, it makes sense to consider them alongside MiFID disclosure changes.
Suitability remains much the same as pre-MiFID II but there are some changes that firms need to be aware of.
MiFID II brings a new definition of independence – firms need to consider if they can meet the requirements.
Firms need to understand the implications of the MiFID II definition of independent advice.
December 2017 Update
David Anderson Suitability 2017, MiFID, Mortgage, Update
New MiFID II ‘Confirmation of Continued Suitability’ Process