Latest news
FCA keeps ‘unsuitable’ DB transfer assumption
The Financial Conduct Authority (FCA) has backtracked on a proposal to change its position that an adviser should assume that a Defined Benefit (DB) pension transfer is “unsuitable” for a client.
Dismay at South Africa’s 17% adviser exam pass rate
Only 17% of South Africa’s financial planning students managed to pass the Financial Planning Institute’s (FPI) professional competency examination (PCE) in February, a figure that has caused shock for universities and students throughout the country.
STM moves Gibraltar HQ to UK amid ‘exceptional circumstances’
Cross border financial services provider STM Group has confirmed it is moving its headquarters from Gibraltar to the UK this month.
IDD to be pushed back 7 months
The European Commission is to push back the Insurance Distribution Directive (IDD) by seven months to 1 October 2018.
Best Practice | 22 Dec 17
Happy Holidays from Last Word
Merry Christmas and Happy New Year from Last Word. We will take a holiday break.