The Financial Conduct Authority (FCA) has sent 45 advice firms a questionnaire containing more than 50 questions designed to probe the firms for information on pension transfers.
Professional Adviser has seen a copy of the eight-page document that asked firms to answer each question considering all transfers they have undertaken from the introduction of pension freedom on 6 April...
'Failure to pay attention can result in enforcement'
200,000 LISAs opened so far
From June 2019
11 years since launch of three Chartered titles
Hired 200 extra operational staff