Finalised guidance – Advising on pension transfers
Alongside the rules introduced in October 2020 by Policy Statement (PS 20/6), the FCA published an accompanying guidance consultation (GC […]
Pension
Considering a workplace pension in a pension transfer recommendation
Firms involved with pension transfer business will know that there is a requirement to consider an available workplace pension (WPS) […]
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 […]
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 […]
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 […]
Minimum Pension Age Regulatory Change in ATEB Suitability
Following the release of a consultation paper on 10th February 2021 by HM Treasury, we have now added a ‘Proposed […]
Increasing the normal minimum pension age
Consultation on increasing the NMPA to age 57 On 10 February 2021, and without much in the way of publicity, […]
Should clients take Abridged Advice?
Assessing suitability has always essentially been based around the same overarching principles … The recommended product type should […]
Investment pathways go live
We wrote recently about the coming of investment pathways and what it means for advisers. See here. Although the rules […]
FCA publications on Consumer Investments
The FCA has published three papers giving an insight on what the regulatory focus has been and is likely to […]