It is astonishing to think that investors who have been compensated by the Financial Services Compensation Scheme go on to lose some, or perhaps all, of their compensation money all over again with another dodgy firm.

The news this week that platform engine provider FNZ has been ordered by the competition watchdog to sell GBST was a bit of a shock. 

I’m a big fan of Monty Python and the famous ‘nudge, nudge’ sketch came to mind this week as the DWP announced plans to give a ‘stronger nudge’ to pension savers to seek guidance from Pension Wise before taking benefits.

It’s hard to find a silver lining in current Covid cloud but one of them may be a boost to recruiting the next generation of Financial Planners.