FOR SUSTAINABLE, PROFITABLE, CLIENT-FOCUSED ADVISER FIRMS
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Phase four of DB transfer probe
FSCS paid out £55.6m
ESMA rules in force from 1 Aug
Costs to firm unknown
220 claims against Lifetime SIPP
Paid out an average £26,000 per claim
Follows independent review
Advised on unregulated investments
Consultation closes on 1 August
Covers scope, disclosure requirements and transaction cost calculations