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
Pension Transfer
Should clients take Abridged Advice?
Assessing suitability has always essentially been based around the same overarching principles … The recommended product type should
FCA publications on Consumer Investments
The FCA has been busy. Monday saw the publication of three FCA publications on Consumer Investments. A Consumer Investments
FCA – Update on SMR and CF (AR) applications
When the Senior Managers and Certification Regime (SM&CR) became effective for solo regulated firms on 9 December 2019, the FCA
Free Pension Transfer Webinars
You might have seen our various articles covering off the changes to Pension Transfer rules introduced with PS20/06 that came
Pension transfers – scheme information
Firms that provide advice on defined benefit pension transfers will be aware that it is not always straightforward to obtain
Pension transfers – ensuring client understanding
Effective communication comprises three aspects. In walkie-talkie speak these would be ... Transmitting Receiving Understanding It is obvious that for
Abridged Advice – points to note
The jury is out on whether Abridged Advice, an option in relation to defined benefit transfer advice since 1 October
The importance of ‘knowledge and experience’
It has long been a requirement to assess a client's 'risk profile'. In practice, the rules break this down into
Workplace Pensions
Firms providing defined benefit pension transfer advice must now* consider using any available workplace pension scheme as the destination for