On 28 September, investment platforms received a “Dear CEO” letter, following previous letters in February 2020 and July 2021. It was addressed to platforms, but what does it mean for advisers? The FCA uses Dear CEO letters to raise awareness and highlight areas of concern around regulatory compliance and industry practices. This letter raised concerns
AIM (formerly the Alternative Investment Market) was established in 1995 and is London Stock Exchange’s market for 800 small and medium size companies, ranging in market capitalisation from less than £1 million to over £2 billion and collectively valued at £85 billion1. AIM is home to a wide range of dynamic businesses, including several well-established
As demonstrated by the Dear CEO letter sent to advisers in December, the FCA expects advisers to conduct robust due diligence on the services that they recommend. Nowhere is this more important than with a complex product like IHT business relief portfolios. (Published on Money Marketing 31/1/2023) Inheritance tax (IHT) is an increasingly pervasive stealth