Further to our recent article regarding the FCA’s plans to launch a new online invoicing portal, the FCA has confirmed that the new portal has gone live on schedule, 12 April.
As with the previous portal, firms can use the portal to access their invoices and arrange payment of their fees. Visit the FCA website to access the new portal and find more information on the steps required if logging into the system for the first time.
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How the FCA’s assessments of suitability have developed.
In this final article of the series, we cover the remaining items from PS20/06.
On 5 June, the FCA published the long awaited policy statement following its consultation from 2019, CP 19/25. The policy statement was accompanied by a substantial Guidance Consultation covering the FCA’s proposals for guidance on how firms should implement the new rules. Consultation feedback is required by 4 September 2020.
This policy statement covers far more than the ban on contingent charging for transfer advice.
Suitability Reports: Who is Fred?
David Anderson Suitability complaints, Pension, PI, Update
There is an old joke about a man going to his dentist, picking up a magazine in the waiting room and reading that the Titanic had sunk. This reference to how out of date dentists’ reading material can be is unfortunately not merely a mildly amusing joke or restricted to dentists.