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FCA to ban most DB transfer contingent charging
The Financial Conduct Authority says it will ban most contingent charging on DB pension transfers as part of a raft of measures designed to tackle ‘weaknesses’ in the DB transfer market.
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FCA launches Covid-19 survey of 13,000 firms
The FCA has today launched a survey of 13,000 regulated firms to assess how their ‘financial resilience’ may have been affected by the Coronavirus outbreak.
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9 new partners boost Barnett Waddingham total to 80
The professional services consultancy Barnett Waddingham has appointed nine new partners across actuarial consulting, investment consulting, pension administration and IT.
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Fall in percentage of SIPP complaints upheld
The Financial Ombudsman Service has reported a drop in the 'complaint upheld' rate for SIPPs from 61% in 2018/19 to 52% in 2019/20.
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Mattioli Wood mulls more acquisitions but cuts costs
Wealth manager and SIPP firm Mattioli Woods forecast today that 2020 revenues would match 2019 and a round of cost cutting should help maintain profits.
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