The Financial Conduct Authority (FCA) has pressed firms it has deemed have high defined benefit (DB) transfer conversation rates for additional information on their DB transfer advice process.
In a letter sent to one adviser at the end of October, who preferred not to be named, the regulator said their firm's transfer conversion rate, which was above 50%, suggested it may "not be acting in line...
From August next year
Contacted this week
75 inaccurate declarations submitted
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Cherry Reynard talks to New Talent Awards 2020 Financial Adviser of the Year Alex Johnston, who tells the story of his so-far short but unique career...
Confirmed intentions in May