Top 10 UK stories of 2017
By Tom Carnegie, 21 Dec 17
Qrops charges, an FCA crackdown on pension transfers and court action taken by a former English footballer against his ex-financial adviser were some of the most read stories this year. Scroll through the slides to see the 10 most clicked UK articles of 2017.
Amid a raft of cessation orders from the UK Financial Conduct Authority earlier this year, Holborn Assets was told to stop all pension transfer business, particularly that introduced by overseas advisers in March.
Based in Dubai with offices in the UK and Dubai, the FCA said it needed independent verification, via a skilled person, demonstrating that a robust and compliant advisory process was in place in the UK, in respect of the business introduced by overseas advisers.
Holborn UK applied to the FCA in June to temporarily cease all of its regulated activity due to its lapsed professional indemnity insurance.
In September, the firm told International Adviser that it had been given the greenlight from the FCA to resume operations and advice on DB pension transfers.
