By The Enforcd Team

Advising on Pension Transfers

A cryptic Requirement on the Permission section of the FCA register record for Intelligent Pensions Ltd regarding pension transfers states: “immediately cease to provide advice in relation to the transfer, or conversion, of safeguarded benefits under a pension scheme to flexible benefits”. For deVere and Partners (UK) Limited, we see a similar entry: “Immediately cease …

By The Enforcd Team

The RegTech Revolution: Helping Conduct, Culture and Compliance

In this webinar for Digital Leaders Week 2017, Jane Walshe of Enforcd was joined by Mathias Wegmueller, Co-founder and Head of Business Development, Qumram, and Wendy Jephson, Co-Founder & Chief Behavioral Scientist at Sybenetix to discuss what RegTech can do, and also possible pitfalls to be avoided in its use.

By The Enforcd Team

The Total Cost of Independent Financial Advice

  The FCA has traditionally tried to secure the greatest good for the greatest number of consumers. Enforcd was interested to note that one of its key themes for 2017/18 remained independent financial advice, now the preserve of those with £250k of investable assets. The following paragraph seemed relevant: “Financial advisers may give insufficient attention …

By The Enforcd Team

What the FCA found when it did a Suitability Review of the IFA Sector

  The independent financial advice (IFA) sector was given a clean bill of health by the FCA in May 2017. A suitability review of 1,142 individual pieces of advice given by 656 firms against the rules in the Conduct of Business sourcebook showed that in 93.1% of cases, advice provided was suitable. You have to …