With final comments on the FCA's consultation paper, Improving the quality of pension transfer advice, due by this Friday, Nigel Chambers hopes his own thoughts will spur others to respond to this important document
The deadline for final submissions from the financial services sector to Consultation Paper CP18/7 - Improving the quality of pension transfer advice - from the Financial Conduct Authority (FCA) is this Friday, 25 May. At CTC Software, we have taken the time to analyse the paper and have responded to the regulator - and we trust many others will do likewise on this important issue. Broadly speaking, CTC agrees with 80% of the paper but we do believe further consideration should be given to the following areas: Contingent charging Contingent charging is effectively the norm across...
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