Tax & Regulation
7 advice firms hit with FCA skilled-person reviews since 2017
They had to collectively fork out over £300,000 to pay for the investigations
DB transfer contingent charging ban branded ‘confusing’
Overseas firms ‘exempted’ but non-FCA advisers shouldn’t be signing off pension transfers, says one CEO
Collapsed wealth firm sells client book
After entering administration in August 2019
Atletico Madrid footballer pleads guilty to tax fraud
He has been sentenced to six months in prison but will not spend time in jail
More than 700 advisers exited the DB pension transfer market
The FCA is carrying out 30 enforcement investigations