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.
The FCA is gathering information from firms in relation to the fair treatment of vulnerable clients.
The decision in the Lloyds Bank Equalisation case has difficult implications for schemes and advisers.
The FCA is continuing its mass mailing of a letter to firms that have done transfer business – action is required.
Capacity for loss continues to be misunderstood by firms, and the providers of third party tools that purport to assess it.
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Alistair MacDougall Compliance 2018, FCA, PI
Firms need discretionary permissions to outsource to a Discretionary Investment Manager.