Road close for Bank House, Henderson Carter and Financial Page

FCA takes action on 3rd party lead generation by restricting the authorisation of 3 financial advice firms: No more pension transfers!

The Financial Conduct Authority has told 3 unrelated IFA businesses to stop pension switching for clients and to hold off on the disposal of their assets “without the prior consent of the FCA”. Although 2 of the 3 firms are now in administration anyway, this means that the firms will no longer be able to…