FCA fines unqualified financial adviser £743,000 over ‘reckless’ pension transfer advice
The Financial Conduct Authority (FCA) has provisionally struck off the director of a financial services business after he was found to have “recklessly” provided pension transfer advice he was unqualified to give. The FCA has banned Daniel Thomas from working in financial services and fined him £742,700 after it found he “repeatedly misled clients and […]
New collective mobilises SME and boutique firms to challenge COLP and COFA proposals
An alliance of SME and boutique law firms have called on the Solicitors Regulation Authority (SRA) to rethink proposals to separate the compliance officer for legal practice (COLP) and compliance officer for finance and administration (COFA) roles from “individuals with unilateral management control”. The SME & Boutique Law Firm Alliance describes itself as “an independent […]
Lords urge MPs for speedy return of assisted dying bill following ‘filibuster’ by opponents
A cross-party group of over 100 peers has criticised the “delaying tactics by a small minority” of lords who prevented a vote on the Terminally Ill Adults (End of Life) Bill earlier this year. In a letter sent to MPs, the lords said it had been “a great disappointment” that they had been unable […]
Remember A Charity Week gets underway with advice for estate planners
Remember a Charity Week launched yesterday (Monday) with an awareness campaign featuring a range of characters (pictured) and the results of a new survey exploring what legacy means to people. The findings show that while wealth and career success form part of the picture, people also place importance on their relationships, values and the difference […]