Financial advice firms that did not respond to the FCA's market-wide defined benefit (DB) transfer questionnaire could see their regulatory permissions revoked, Professional Adviser understands.
A freedom of information request by PA revealed seven advice firms could not be contacted by the Financial Conduct Authority (FCA) as it tried to find out more about DB transfer advisers in its recent...
Maximum 30% of redress
For a long time, the road to retirement followed a familiar path. Individuals saved up for a pension during their working life in order to retire at a set age; usually around 65. This path has shifted, however.
Third Covid-19 resilience survey sent to advisers
Third highest monthly figure since 1993
'Cannot normalise this level of loss'
There is no shortage of IFA firms looking to sell up, writes Daniel Baade. However, the big question is how to finance the acquisition of IFA or wealth management firms...
Supported over Christmas
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