Chris Davies: How ready are you for a visit from the FCA?

We have written extensively about the new FCA accountability regime and, with the recent FCA Dear CEO letter to the SIPP market in October last year, it has now emerged - thanks to a Professional Adviser freedom of information request - that 11 SIPP firms have been paid a visit. There is a tendency or human behavioural bias to think ‘this won't happen to me' - in fact, it is called ‘the Ostrich effect' and it causes people to seek to avoid certain situations that are perceived as painful. Chris Davies: The unintended consequences of the SM&CR With the Senior Managers and Certificat...