Good Consumer Outcomes?
Thomas Fuller, the 17th Century author and historian said that: “Health is not valued till sickness comes.” It […]
2019
FOS updates
The FCA has announced a call for input. We’ve published a call for input on whether the thresholds […]
Changes coming to the Appointed Representatives Regime – and soon!
FCA recently published Policy Statement (PS22/11) announcing some key changes to the Appointed Representatives (AR) regime, affecting both AR firms […]
FOS Award limit increased
In March 2019 the FCA published PS19/8 to increase the ombudsman service’s award limit from £150,000 to £350,000 for complaints […]
Consumer Duty – impact on adviser charging
The FCA is devoting a great deal of weight to its upcoming Consumer Duty regulations. These will be finalised in […]
Platform switching – is a suitability report required?
Platforms play a big part in the investment process of most UK firms. According to Defaqto, 94% of advisers place […]
Notifying breaches of the Conduct Rules
Even with all the deferrals of deadlines around implementation of the SMCR as a result of COVID, firms should now […]
Data protection – ICO mailing campaign
One of our clients recently asked this ‘easy’ question. “We are a limited company but the firm is […]
Pension transfer advice – assessing transfer risk
It has been well publicised that the FCA has aimed increasingly close scrutiny in the direction of firms that have […]
Fund managers falling short on assessing the value of their funds
One of the issues identified in the FCA’s Asset Management Market Study was a lack of competition among fund providers […]