As indicated in last week’s Newsletter, we will be running a series of webinars, starting late October, that will provide detailed explanation of the new rules around Pension Transfer Advice and how firms can satisfy these.
There will be three webinars, each lasting around 20-30 minutes, as follows:
- Part one
Overview of the rule changes
Contingent charging ban - Part two
Filtering
Information / Education (‘Triage’)
Abridged Advice - Part three
Considering the Workplace Pension option
Other rule changes
Ongoing client reviews
Alistair MacDougall Compliance 2020, Drawdown, FCA, PI, platform
Consumer Duty will require most firms to review their business model and, in particular the value of the services they offer. The regulator clearly has a focus on the ongoing service provided to clients. There are longstanding rules that require firms to: … consider whether the personal recommendation or any other related service is […]