The Financial Services and Markets Act 2000 (Regulated Activities) (Amendment) (No. 2) Order 2015 was made earlier this week and comes into force on 6 April 2015: see here or here (pdf). The Order will amend the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001 in order to create a new regulated activity: the giving of advice on the conversion or transfer of a class of pension benefits known as safeguarded benefits (the latter being defined in the Pension Schemes Act 2015). An explanatory memorandum is available here (pdf).
Wednesday, 18 March 2015
UK: The Financial Services and Markets Act 2000 (Regulated Activities) (Amendment) (No. 2) Order 2015
The Financial Services and Markets Act 2000 (Regulated Activities) (Amendment) (No. 2) Order 2015 was made earlier this week and comes into force on 6 April 2015: see here or here (pdf). The Order will amend the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001 in order to create a new regulated activity: the giving of advice on the conversion or transfer of a class of pension benefits known as safeguarded benefits (the latter being defined in the Pension Schemes Act 2015). An explanatory memorandum is available here (pdf).
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