Claims Management Portfolio Letter
For reasons that will be obvious to most readers, Claims Management Companies (CMCs) are generally not popular with adviser firms.
2014
Beware – email hacking scam
We have been made aware that fraudsters are using the current lack of personal contact to impersonate clients and steal
Replacing wet signatures
The current stay at home rules mean that advisers are having to find ways to deal with clients remotely. The
Annuities – changes to information requirements
The FCA has been carrying out a series of reviews and enhancements to the annuity market that started in 2014
New regulated activity – advising on P2P agreements
Crowdfunding, peer-to-peer finance, P2P. All of these labels refer to the same phenomenon, a way to lend or borrow money
Sunset Clause
The FCA’s Platform Policy Statement in April (PS13/1) confirmed the ban on cash rebates above £1 per month, per fund
Webinar: Financial Advice in Later Life
You can find here a recording of a seminar by the PFS on Financial Advice for later life. There were eight sessions
Webinar: RDR Adviser Charges and Service Delivery
The webinar here focuses on the background and findings of the FCA RDR thematic reviews and discusses good practice in
Alternative Dispute Resolution (ADR)
In December 2014, the FCA and FOS consulted on changes to the Dispute Resolution: Complaints Sourcebook (DISP) in order to
Autumn Statement
Further to the chancellor's Autumn Statement yesterday we are pleased to inform you the ATEB suitability system has been updated