We have been advised by the FCA as follows:
“Following our recent revalorisation of the application fees earlier this year, on 24 January we advised that we would be introducing a new charge of £250 for standalone long Form A applications both for Senior Manager Functions and Controlled Function for Appointed Representatives.
We consulted on this new charge in November 2020 as part of CP20/22 and reconfirmed our intention to introduce the fee in a Policy Statement PS22/1.
We are now in a position to update you to confirm the new charge will take effect on 27 May 2022.
For more information please refer to the Handbook Notice.”
Ongoing client reviews – appropriate or not?
Alistair MacDougall Compliance FCA, Pension, PI, platform, Switch
FT Adviser published an article on 15 February under the headline “Advisers struggle to get savers to come for pension reviews”. We read this with interest and not a little concern. The article reported that one of the speakers at a recent conference stated that one of the greatest challenges faced by her advice […]