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 […]
2020
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 […]
Ukraine – 10% drop reporting
The current hostilities in Ukraine have caused significant market drops and may continue to do so. Accordingly, a reminder about […]
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 […]
FCA COVID survey – tranche 2 dates
We have received details of the latest COVID survey from the FCA. See below for Tranche 2 dates. […]
FCA fee changes
The FCA has advised upcoming changes to authorisation application fees as follows: “On 24 January we’ll be simplifying […]
FCA Covid-19 Impact Survey
We have received the information below from the FCA. “Many of you will be aware that we issued […]
FCA – short feedback survey
We have received the following from the FCA. “Many of you will be aware that we issued the […]
Pension Transfer Specialist – qualification deadline
FCA Policy Statement PS18/20 introduced a new requirement that all Pension Transfer Specialists (PTS) must hold the Level 4 qualification […]
FCA – Consumer
The FCA has published details of its new approach to consumer protection, which the regulator hopes will give consumers the […]