04/01/2021

Industry Faces Libor Transition Challenges

From the beginning of April this year sterling Libor cannot be used in any new lending or other cash products that mature after the end of 2021 when alternative, risk-free reference rates will be used.

03/31/2021

Financial Regulation: Daily Update

The FCA has published its finalised guidance for advising on Defined Benefit (DB) transfers, alongside a feedback statement on the FCA's consultation on the draft guidance in June 2020.

03/31/2021

PIMFA welcomes FCA Feedback Statement on Open Finance

It is also good to see the FCA views the introduction of Open Finance as we do, through a phased approach that will see Open Banking extended first, with the next stage being to start with products that have the best balance of cost and complexity.

03/31/2021

FG21/3: Advising on pension transfers

This Finalised Guidance (FG) provides non-Handbook guidance to help advisers understand our expectations when advising on pension transfers and conversions.