United Kingdom
FCA review of DB redress guidance is a ‘sensible measure’
Firms should ‘assess complaints about unsuitable advice fairly, consistently and promptly’
Nine UK firms in default between June and July 2021
Eight of which provided financial advice, planning and insurance services
PEOPLE MOVES: Pictet, Zurich, AJ Bell
Wealth manager hires CEO for UK, while insurer names group chief strategy officer
Child-grooming financial adviser fails to overturn FCA ban
But upper tribunal judge critical of how the regulator handled the case
IFA company buys Hampshire-based advice business
Deal adds £167m of assets under management to the group