Advisers will no longer be able to use the ‘gap-filling’ option when applying for a Statement of Professional Standing (SPS), the Chartered Insurance Institute (CII) has announced.
The professional body said the option would be scrapped from the end of August 2021. It stressed the end of the option would not affect advisers who obtain an SPS through the gap-filling route before that...
Major technology changes lead to more incidents than lesser ones within financial services firms, research by the Financial Conduct Authority (FCA) has found, and the regulator said while effective risk management is an important component to success....
Pretending to be SJP adviser
'Cannot normalise this level of loss'
Plus online scams
Pension boost from lockdown pain
Rishi Sunak has plans to freeze the lifetime allowance for the rest of the current parliament in a "stealth tax" on the wealthy, according to The Times.
Made 12 acquisitions in 2020