The FCA Register, 'Operation CHIVE' and regulation in general - why have we picked out these three key themes from the last 12 months and which constitutes the 'good', the 'bad' and the not so pretty?
The good - Operation CHIVE The recent saga surrounding the British Steel Pension Scheme transfers put the advice sector in a less than flattering light. After first taking a hold of the trade press, stories of the tens of thousands of British steelworkers struggling to figure out what to do with their defined benefit (DB) pensions' impending ultimatum cropped up in national newspapers and national broadcasters. But the profession sought to turn the story around by launching Operation CHIVE. Led by Echelon Wealthcare managing director Alistair Rush, more than 50 advisers made their s...
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