The FCA has issued the following note for firms to action as required.
“Register for Connect today
Register for Connect today. You will need to use our online platform, Connect, to submit your firm’s details – also known as a mandatory annual update. This will be a requirement from January 2020, so we suggest you register now in good time.
If you need help to register and update your firm details, visit our website, watch our video guide, or call 0300 500 0597.
From January 2020, you will be required to update and confirm the accuracy of your firm details annually (even if there is no change), in line with your Accounting Reference Date (ARD). This must be done using Connect.
We are currently emailing, calling and writing to firms to provide the necessary information and encourage registration.”
The replacement business blind spot?
Paul Jay Compliance Drawdown, FCA, Pension, PI, platform, Switch, transfer
We’ve been involved with a number of firms who are on the acquisition trail and as part of the due diligence work we support them with, we check a lot of advice files. It won’t come as a surprise that many of these involve replacement business. What never ceases to amaze us is that, despite […]