Will 2021 be the year for platforms in offshore markets?
Advisers are migrating ‘large back books of outdated bond business’ onto platforms
Advisers are migrating ‘large back books of outdated bond business’ onto platforms
Firm’s lawyer ‘surprised that the FCA chose not to include regulated Sipp providers and IFAs’ in the claim
Regulator sent letter to firms asking for detailed information – especially about offshore bonds
It has paid redress of around £2.7m to 41 customers impacted by the switch to Sipps
As it received queries relating to ‘charges being paid’ in these transfers
Service will have no additional charges
Further developments ‘expected to be released in early 2021’
As it reveals surge in coronavirus-related enquiries
Consumers may be losing up to £100,000 due to costs and fees
47% said digital tools are ‘very important’ when they choose products
Acquisition will broaden product suite and offering
Duo ‘have no place in the financial services industry’ after they duped pension provider James Hay