The FCA has issued a warning notice to a pension adviser it has branded “reckless” after they gave unsuitable advice to customers to transfer out of their DB scheme over a four year period.

FCA CEO Nikhil Rathi has hailed the new Consumer Duty as a “game changer” and has said regulatory action this year has been unprecedented.

The FCA has warned investors this week to beware of persistent scammers trying to clone the Hargreaves Lansdown (HL) website.

For my last column of 2023, rather than give you my eagerly-awaited insights into the latest developments in the Financial Planning profession and financial services, I thought it would be useful to look at other worthwhile things that Financial Planners do when they are not providing financial advice.