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 […]
FCA
Improving the Appointed Representatives Regime
The FCA has consulted on proposed changes to the Appointed Representatives (AR) regime. The proposed changes aim to reduce potential […]
Pension Transfers – considering a workplace pension
We recently reviewed a pension transfer report where the client was recommended to transfer out of the defined benefit scheme […]
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 […]
New financial sanctions measures in relation to Russia
Readers will be aware that, following the invasion of Ukraine by Russia, the UK Government, together with other countries, has […]
Ongoing client reviews – appropriate or not?
FT Adviser published an article on 15 February under the headline “Advisers struggle to get savers to come for pension […]
FCA Consumer Duty – Research and Due Diligence
The FCA is consulting on ‘A New Consumer Duty’ and this is receiving considerable press coverage. The consensus of opinion […]
FCA data – tackling harm to consumers
The FCA has published the latest data on its work to tackle harm in the consumer investments market between April […]
Awareness of the new FCA rule changes of sustainability
You read it here first – probably! The FCA has finalised new rules around disclosure in relation to sustainability. […]
How accurate is the data your firm submits to the FCA?
The FCA set out in its Business Plan 21/22 how it is changing to improve performance and meet future challenges. […]