Portfolio letter to Mortgage Intermediaries
The FCA has issued a Portfolio Letter to mortgage intermediaries setting out its expectations for mitigating identified risks to customers.
2016
US Privacy Shield does not protect privacy – ECJ
Most readers will probably be aware that the Data Protection Act 2018 (DPA 2018), which is based on the EU
Outsourcing to cloud and other IT service providers
On 6 February 2020, the European Insurance and Occupational Pensions Authority (EIOPA) published final Guidelines on outsourcing to cloud service
Drawdown and the Second Lifetime Allowance Test
BackgroundThe Lifetime Allowance (LTA) is the limit below which a person can crystallise benefits from their pension, without being subject
Replacing wet signatures
The current stay at home rules mean that advisers are having to find ways to deal with clients remotely. The
Research and due diligence… not the same thing
The FCA undertook a thematic review back in 2016 (TR16/1), which set out their findings on the research and due
Pension Transfers – GMP Equalisation
GMP is the minimum level of benefit that an individual must accrue for membership of an occupational pension scheme which
FCA Policy Statement PS19/21 – Retirement Outcomes Review
The 2015 pension freedoms give consumers more complicated choices to make about how to invest their pension savings, and when
Thematic Review – GI Distribution
General Insurance: FCA warns GI firms to place greater focus on customer outcomes The FCA’s Thematic Review into General Insurance
Principals and Appointed Representatives – action needed
Firms that have Appointed Representatives (AR) need to urgently review the adequacy their governance and supervision. That is the conclusion