The FCA is consulting on proposed guidance to firms in dealing with vulnerable clients.
Although aimed at consumers, firms involved in transfer advice would do well to view the video.
See here for dates and registration details.
While this paper is mostly of relevance to Pension Providers, there are some implications for advisers.
The outcome of CP19/20 could have far reaching implications for firms.
What might this indicate about the FCA's areas of focus?
The FCA has stated clearly that monitoring firms' implementation of the Conduct Rules will be a key focus in future reviews of of SM&CR.
All is not what it seems when considering the risk tolerance rating of different funds.
Transfer advice is complex and may not always be able to be delivered properly before the CETV guarantee expires.