The Avacade saga – a summary
Most readers will be aware of the FCA’s successful legal action in what has been widely referred to as the
Pension Transfer
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
DB Pension Transfers – some charging issues
The rules that came into effect in October 2020 arrived under a headline objective of ‘banning contingent charging’. Inevitably, the
Pension transfer advice – personalised charges
“I’ve started so I’ll finish …”. A well known catchphrase first coined by Magnus Magnusson, the original presenter of the
Qualification requirements for Pension Transfer Specialists
PS18/20 introduced rules to raise qualification levels for pension transfer specialists (PTSs) to require them to obtain the same qualification
Managing drawdown
In recent months, firms have been asking us about the process for managing drawdown plans. What do the rules require?
Abridged advice – how is it going so far?
Based on data and live visits to firms during the period from April 2015 to rule changes in 2018 and
Use it … or lose it
In its June quarterly consultation paper, the FCA announced proposals to make amendments to the Handbook relating to its powers
Back to basics
It will be a surprise to few in our industry that those firms involved in defined benefit pension transfer business
Extension of Annual Financial Crime Reporting Obligations
Policy Statement PS21/4 summarises the FCA’s proposals to increase the number of firms (by circa 4500) who need to submit