In readiness for the new rules relating to Defined Benefit Transfers (FCA Policy Statement PS20/06) applicable from 1st October 2020, ATEB Suitability intelligent report writing software has been upgraded.
This upgrade includes:
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ATEB Compliance offers compliance and regulatory advice.
ATEB Suitability provides report writing software for the financial services market.
One of the key benefits that our clients who use ATEB Suitability intelligent report writing software gain is that updates required by changes in regulation or tax legislation are taken care of by ATEB. Users simply need to create a report, safe in the knowledge that the output will be compliant and up to date.
So we are proud that, yet again, our software colleagues in ATEB IT have delivered a significant update bang on time.
We completed the latest upgrade to ATEB Suitability on 20th March 2022. This update comes at no additional cost and includes new Content Integrations as well as a number of additions to our Content Management libraries. New Content Integration with Defaqto Engage Defaqto have supplied their risk profile definitions and descriptions from Defaqto Engage for […]
The FCA is devoting a great deal of weight to its upcoming Consumer Duty regulations. These will be finalised in July 2022 when the policy statement is expected. Final consultation closed on 15 February and can be read here. We wrote recently about the potential impact of the new rules on research and due […]
Readers will be aware that, following the invasion of Ukraine by Russia, the UK Government, together with other countries, has imposed a number of financial sanctions on organisations and individuals that are deemed to have connections with the Russian Government. While these are most likely to affect Banks, Investment Funds and other institutions that have […]
We have completed the latest upgrade to ATEB Suitability on 13th March 2022. This update comes at no additional cost and provides a number of Mortgage Advice template related enhancements and updates to the Retirement Advice functionality. Full details of the enhancements can be found in the tables below, but some of the highlights are: New […]
Pension Transfers – considering a workplace pension
Alistair MacDougall Compliance Defined Benefit, FCA, Pension, Pension Transfer, PI, Switch, transfer
We recently reviewed a pension transfer report where the client was recommended to transfer out of the defined benefit scheme into the client’s pre-existing SIPP. We considered that the recommendation to transfer appeared to be appropriate. However, the client had what the FCA calls an ‘available qualifying scheme’, more commonly referred to as a […]