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UAE wealth manager unveils international investment account
Firm says it is suitable for expats and clients will not face ‘any exit charges’
Rash decisions risk hurting unadvised retirees during pandemic
DIY savers ‘more inclined to have a knee jerk reaction’ to volatile markets
FCA investigating Quilter subsidiary over DB pension transfers
UK regulator also orders firm to appoint skilled person to conduct review
Collapsed wealth firm sells client book
After entering administration in August 2019
FCA bans contingent charging for DB pension transfers
Need to ‘improve professionalism’ of transfer specialists and their ‘knowledge in choosing assumptions’