Companies
Former SJP adviser causes clients to lose £1.35m
But wealth management firm denies responsibility and refuses to pay compensation
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Investments manager names director, while private bank makes senior hires in Europe
More than 700 advisers exited the DB pension transfer market
The FCA is carrying out 30 enforcement investigations
FCA bans contingent charging for DB pension transfers
Need to ‘improve professionalism’ of transfer specialists and their ‘knowledge in choosing assumptions’