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There’s no need to fear the lifetime allowance tax charge, writes Kirsty Anderson. While it could mean more money is paid to HMRC ultimately it also means that more will be paid to the client… ....
Most advice firms will already have robust processes in place to deal with drawdown client risk, writes Vince Smith-Hughes. The next challenge will be how to marry these processes with the FCA's Consumer Duty ....
Vince Smith-Hughes looks at the regulator’s new Consumer Duty rules and how it will affect the financial advisers, who he says, will no doubt rise to the challenge ....