FSA proposes compensation scheme reforms
The Financial Services Authority (FSA) has published its proposals for the future funding of the Financial Services Compensation Scheme (FSCS), following concerns raised about its fairness, proportionality and sustainability.
Currently the FSCS is funded by 12 contribution groups organised into five sub-schemes which are linked to FSA fee blocks, and the business carried on by each participant firm determines the sub-scheme...
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![Rory Pervical: "[What the FCA has] said about DB transfers you as firms should think about how you apply those more broadly across the retirement planning piece."](/api/v1/wps/54eb332/982c284a-f116-498d-9f44-98218aa37de3/4/rory-percival-new-230x142.jpg "Rory Pervical: \"[What the FCA has] said about DB transfers you as firms should think about how you apply those more broadly across the retirement planning piece.\"")
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'Retirement income advice is the biggest problem in the adviser market' - Rory Percival
As important as DB transfers
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Is it time to review the risks of DB transfer advice?
It’s The Pro Adviser Podcast
Advisers can defer CPD this year in 'exceptional circumstances' - FCA
Defer to 2021/2022