Portfolio letter to Mortgage Intermediaries
The FCA has written to mortgage intermediaries setting out its expectations for mitigating identified risks to customers.
2016
US Privacy Shield does not protect privacy – ECJ
The EU/US Privacy Shield agreement has been struck down by the ECJ.
Outsourcing to cloud and other IT service providers
Existing FCA guidance continues to apply rather than new EU guidelines.
Drawdown and the Second Lifetime Allowance Test
It is essential to consider LTA implications carefully when transferring from a pension arrangement with safeguarded benefits.
Replacing wet signatures
Dealing with clients remotely means that obtaining a wet signature can be problematic.
Research and due diligence… not the same thing
Do your research and due diligence processes stack up in the face of PROD?
Pension Transfers – GMP Equalisation
The decision in the Lloyds Bank Equalisation case has difficult implications for schemes and advisers.
FCA Policy Statement PS19/21 – Retirement Outcomes Review
While this paper is mostly of relevance to Pension Providers, there are some implications for advisers.
Thematic Review – GI Distribution
The FCA warns GI firms to place greater focus on customer outcomes.
Principals and Appointed Representatives – action needed
Following recent FCA investigations that resulted in a Dear CEO letter, firms that have Appointed Representatives need to review the