Pearl and the FSA have agreed on a revised timetable for the Resolution acquisition deal to be completed which extends the deadline by three weeks. The extension is to allow Pearl to finalise discussions with the FSA regardingthe timing of post-completion distributions of capital from the Resolution lifecompanies. If no further time is required then […]
Many readers may be wondering what all the fuss is about. After all, surely only bad apples end up dealing with the FOS? As these readers always work in clients’ best interests, they may believe it is never going to happen to them. Well, no, that is wrong, actually.
As we hurtle towards the new year, it is worth remembering much of the so-called client-centricity discussed is, in fact, little more than process that will not determine whether you win, lose or draw. Sure, a process needs to be reliable, cost-efficient and to point the right service at the right people. But it is […]
The Association of Member Nominated Trustees and the UK Sustainable Investment Association have urged pension funds to keep an eye on whether their investment consultants’ sustainable investment advice lives up to the minimum service requirements under regulation. The AMNT and UKSIF says consultants should meet minimum requirements as soon as possible so as not to […]