FORTHCOMING DEVELOPMENT: On 30 July 2019 the Financial Conduct Authority (FCA) published a Consultation Paper CP19/25: Pension transfer advice: contingent charging and...
This Practice Note set out some of the key issues to be considered when acting on the purchase of a property from a Self-Invested Personal Pension (SIPP) or a Small...
What is an insistent client? The term ‘insistent client’ is commonly used to describe an individual who has received advice (ie a personal recommendation) and chooses to...
FORTHCOMING DEVELOPMENT 1: The Pension Schemes Bill 2019–2020 was published on 16 October 2019 and contained the outline of the framework for the production of the...
Establishing, operating or winding up: • a stakeholder pension scheme, or • a personal pension scheme are regulated activities under the Financial Services and Markets...
THIS PRACTICE NOTE APPLIES TO OCCUPATIONAL AND PERSONAL PENSION SCHEMES The Occupational and Personal Pension Schemes (Disclosure of Information) Regulations 2013, SI...
FORTHCOMING DEVELOPMENT 1: On 15 April 2019, the FCA published the consultation ‘Independent Governance Committees: extension of remit’ CP19/15 on proposed new...
FORTHCOMING DEVELOPMENT 1: On 15 April 2019, the Financial Conduct Authority (FCA) published the consultation ‘Independent Governance Committees: extension of remit’...
THIS PRACTICE NOTE APPLIES TO PERSONAL PENSION SCHEMES This Practice Note looks at the disclosure requirements that were applicable to trustees (or managers) of personal...
On 6 April 2015, pension freedoms were introduced allowing members with flexible benefits (ie money purchase benefits and cash balance benefits) to access their pension...
Since the introduction of the pension flexibilities on 6 April 2015, changes have been made to legislation and the rules of the Financial Conduct Authority (FCA) Handbook...
With effect from 6 April 2015 (when the pension freedoms were introduced), provisions were inserted in legislation and the rules of the Financial Conduct Authority (FCA)...
This Practice Note looks at the Financial Services Compensation Scheme (FSCS) in the context of pensions. For further information and detail on the FSCS in general, see...
There are a variety of possible pension arrangements which employers can offer to their employees. These are described in Practice Note: Types of pension...
Role of the Pensions Regulator Statutory objectives The core role of the Pensions Regulator is to fulfil the statutory objectives set out in the Pensions Act 2004, s 5...
Application of the RDR The Retail Distribution Review (RDR) introduced major changes to the retail investment market and applies to regulated firms in that market. This...
FORTHCOMING DEVELOPMENT: Following a period of consultation, the government decided to restrict the statutory right to transfer (contained in sections 93–101 of the...
This Practice Note looks at legal and practical issues that arise on the winding up of a personal pension scheme by its provider, scheme administrator and any trustee....
