The FCA’s uphill fight to end phoenixing

Advisers are calling on the FCA to step up the pressure on so-called “phoenix” firms as new Money Marketing research suggests the practice is still commonplace in the advice market, and appears to have been employed by some firms that have been sanctioned over defined benefit transfers. Phoenixing is the term given to the practice […]


Employers pour cold water on financial advice for staff

Employers do not believe investment in financial advice would benefit their employees, research has found. Findings from Chase de Vere and research provider Lightbulb show fewer  firms are willing to prioritise advice compared to last year. The joint survey asked employers to consider the value of advice, the involvement of firms in assisting with retirement […]


Ian McKenna: Foundations laid for global financial regulation

The FCA‘s recent announcement of the establishment of a global regulatory sandbox – the Global Financial Innovation Network – is a great example of the UK’s leadership in the area. Regulator-bashing is a popular sport in our industry but the FCA does not get the credit it deserves for its proactive approach to innovation. Its […]


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