FCA
Advice business declared in default
UK lifeboat scheme has received one claim against the company related to pension transfers
Maximum ombudsman compensation limit to rise to £415,000
Changes to start on 1 April
IFA company hit with regulatory restrictions
Watchdog said it failed to ‘engage with the FCA in an open and cooperative way’
DB pension transfers excluded from advice-guidance review
But FCA says that accumulation and decumulation products will be part of the analysis
Woodbrook Group-linked Sipp operator goes bust
It was placed into voluntary liquidation in August 2021