FCA
IFA company hit with regulatory restrictions
Watchdog said it failed to ‘engage with the FCA in an open and cooperative way’
DB pension transfers excluded from advice-guidance review
But FCA says that accumulation and decumulation products will be part of the analysis
Woodbrook Group-linked Sipp operator goes bust
It was placed into voluntary liquidation in August 2021
UK pension advice company fails
After the firm entered compulsory liquidation in January 2023
73% of advisers not ready for Consumer Duty implementation
As 8% say they haven’t started working on the regulation