The FCA has told managers of 64 funds to make it “clearer” to consumers how constrained they are, it has been revealed.
The FSCS is investigating the impact for clients of Beaufort Securities Limited (BSL) and Beaufort Asset Clearing Services Limited (BACSL) after the FCA imposed sweeping restrictions on Friday.
A client who suffered a devastating car accident shows how DB transfers can change lives for the better, a Chartered Financial Planner says.
Cashflow modelling is the “only authentic way” to assess a client’s risk.
Firms must inform consumers how much they could gain from shopping around and switching provider before they buy an annuity, under new rules which take effect today.
A finance firm must pay £169m in compensation and a £2m fine for failing to tell customers the full cost of a product.
The FCA is proposing to retain a wider-scale public register of advisers and others working at financial services firms, it announced this morning.
Tests conducted by the FCA have proved that 'machines' can execute its rules.
The Financial Services Compensation Scheme’s new chairman has been named.
Major changes to data protection rules will be Financial Planners’ ‘greatest challenge’ this year and is bigger than many have anticipated, planners have said.
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