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.
DeVere UK stopped providing advice on overseas pension transfers in February 2017.
An FCA statement said deVere UK was ordered to “immediately cease” providing third party companies with transfer value analysis (TVAS) reports or other similar reports of information “designed to assist third parties companies in transferring customers DB pensions to an alternative arrangement”.
A deVere spokesperson said the company had “entered into a voluntary requirement to cease providing advice in this arena” and is working “alongside the FCA’s appointed independent body through the section 166”.
Section 166 gives the UK regulator the power to obtain a view from a third party “about aspects of a regulated firm’s activities” if they are concerned or want further analysis.
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