GI and mortgage intermediary firms – PII cover and pandemic exclusions
The significant increase in PII costs for firms providing investment advice in recent years and the difficulties for firms doing […]
FCA
Changes to DB Transfer redress calculations
FCA redress guidance has been updated as at March 2021 – this article explains the background as at the date […]
New online fees portal
The FCA is launching a new online invoicing portal on 12 April 2021 for users to access their invoices and […]
Directory Persons Data
The FCA has been writing to some firms recently with an ‘ACT NOW’ message, stating: “We are writing to you […]
Financial protection post-BREXIT
In December 2020, we reminded readers about the expected changes to FSCS protection after the EU withdrawal period ended on […]
FCA Defined Benefit Advice Assessment Tool (DBAAT)
You may well have seen reports that the FCA recently published its Defined Benefit Advice Assessment Tool (DBAAT). This is […]
Publication of Directory Persons data
Another March reminder! Solo-regulated firms must submit their Directory Persons data via Connect by 31 March 2021. Submissions of 10 persons or […]
The Final Countdown to Senior Managers and Certificate Regime (SM&CR)
March is almost here and Spring is in the air. So probably the last thing you are thinking about is […]
FCA guidance on treating vulnerable customers fairly
We have received the following from the FCA; “On Tuesday 23 February, we published guidance for firms on the fair […]
Making platform transfers simpler
Way back in December 2019, the FCA published PS19/29 – Making Transfers Simpler. The policy statement and accompanying rules were […]