Changing for the better?
This month’s Technical Bulletin examines proposals by the Financial Conduct Authority (FCA) regarding pension transfers advice. The changes include an obligation to provide customers with a personal recommendation and updating the way transfer offers are analysed. Meanwhile, HMRC has finally launched its online Trusts Registration Service following a delay. The new system means trust information will be held centrally according to the EU’s Fourth Money Laundering Directive (4MLD).Download PDF