The FCA's thematic review requires advisers to improve standards to demonstrate suitability of retirement income recommendations.

The FCA's thematic review requires advisers to improve standards to demonstrate suitability of retirement income recommendations.
The FCA's chief says the changes would "support home ownership and opening a discussion on the balance between access to lending and levels of defaults".
The FCA says it is increasingly seeing firms trying to avoid potential or actual liabilities.
The regulator has fined Arian Financial for failings relating to cum-ex trading.
A third of respondents paid a fee based on a percentage of the loan sum in spite of Consumer Duty regulation.
Richard Farr, non-executive director at duty of care assessment company Comentis, outlines the progress that's been made on financial vulnerability in 2024 and the process that all...
Directors were able to fraudulently change details about the firm's public entry on the FCA’s interim permission register.
Dance transferred over £64 million from client accounts of Vertus and WealthTek to accounts he controlled.
Anecdotal evidence suggests that some firms are avoiding collecting and storing customer vulnerability data to avoid a perceived conflict with GDPR.
92% of clients were advised to transfer out of their defined benefit pension schemes, resulting in over £126m of funds being transferred.
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