It's the end of another year and December was marked by several major regulatory stories along with a continuing deluge of mergers and acquisitions deals.
Policy watch… The Financial Conduct Authority (FCA) is pressing on with work in 2023, cracking down on platforms on 12 December with a warning about ‘double dipping'. The regulator wrote to platforms and self-invested personal pension operators telling them to make changes to fees and interest on customer cash by February. This month also saw the watchdog join forces with HM Treasury to set out three proposals forming part of their joint advice/guidance boundary review, including a new form of simplified advice. Blackmore Bond was back in the spotlight this month as well, after it w...
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