FCA executive director of supervision Megan Butler has warned advisers "we'll be onto you” should they carry out behaviour like phoenixing, lifeboating or setting up claims management companies to handle complaints against them.
Speaking at the Personal Investment Management and Financial Advice's (PIMFA) inaugural Virtual Fest on Thursday (4 June), the Financial Conduct Authority (FCA) executive director gave firms a punchy warning...
Expected by Q2 2021
Rolls-Royce to cut 9,000 jobs
Data live from December
'No stone will be left unturned by regulators'
Scams prevention given weight
Reasons to be optimistic in 2021
The Financial Conduct Authority (FCA) has published a defined benefit (DB) transfer tool which it said should help firms understand its file review methodology for DB transfer advice. But what exactly is it and why should advisers care?
131 firms have authorisations revoked