I sometimes listen to football talk shows on French radio stations and a regular critique is that most football journalists have never been professional footballers themselves.
Covid impact assessment surveys are meant to do just that: help the Financial Conduct Authority get a picture of the impact of Covid-19. But they have never been particularly popular with advisers. The FCA launched the first phase of its Covid impact assessment survey at the height of the pandemic in June and August
As the Covid-19 pandemic broke out, the Financial Conduct Authority sent mandatory surveys to regulated firms such as financial advisers, wealth managers, platforms, as well as personal and commercial insurance intermediaries.
The Department for Work & Pensions (DWP) has confirmed to Money Marketing that financial advisers can no longer obtain state pension forecasts on behalf of their clients.
Advisers have been moving millions of pounds off the Embark platform after increasingly poor levels of service and ‘misleading’ communication sent to clients.