FCA
FSCS levy ‘barrier to growth’ for firms, says PIMFA
As the lifeboat scheme forecasts it to increase to £415m in 2024/25
Advisers switching fee structures in reaction to Consumer Duty fair value
With 3% of firms still in noncompliance
75% of advisers concerned about inflation when considering retirement income for clients
While 61% highlighted the challenge of changing regulation
The shoehorning ghost that could haunt consolidators
Rapid growth through acquisition boosts assets and revenues, but it could also heighten the risk that end clients are placed in unsuitable investments.
FCA bans adviser in regard to DB pensions transfers
He had advised 422 customers, 183 were BSPS members