Compliance provider threesixty has released a guide for adviser firms on how to respond to the Financial Conduct Authority's (FCA) letter regarding pension transfer advice. Last year the FCA issued a survey to firms with full pension transfer permissions asking them to provide information on their business models, charges, compliance processes and sources of business from April 2015 to September 2018. The financial watchdog published the results of the survey in June 2019, with director of supervision Megan Butler telling PA at the time "we will be closing down firms [as a result of t...
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