Skilled Persons Review
FCA orders Dolfin to stop carrying out regulated activities
Ongoing concern about how wealth manager operates its Tier 1 investor visa business
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
FCA third-party reviews soar in 2019/20
But retail investment and pension companies received relatively few
STM skilled person review costs hit £0.3m
The group has implemented all recommendations made by Deloitte
Tax & Regulation | 17 Jul 17
FCA reveals 8 firms rapped for pension transfers last year
The Financial Conduct Authority has confirmed that it took action to stop eight UK firms, including deVere and Holborn, conducting and/or arranging overseas pension transfers in the last financial year but has declined to name them all.