Collaboration 'lacking' between FCA and DWP, says adviser

During a session at the Retirement Planner Forum on 14 June, Rose and North IFA Hayley North criticised the speaker, DWP lead analyst Laura Webster, for the lack of collaboration between the government department and the regulator. "Collaboration between the FCA and the DWP is lacking and the only people suffering are those that can't afford advice, she said. She added: "The regulator wants to restrict everything we give advice on. For example, we have to make sure we provide the reason for our client wanting their cash-free cash, the FCA insists there is a justification but this is u...