Publication
Keeping your dawn raid guidance current
Unannounced inspections or ‘dawn raids’ are used by antitrust authorities to obtain evidence when there are suspicions that individuals or businesses have infringed the antitrust rules.
United Kingdom | Publication | December 2023
On December 8, 2023, the FCA and HM Treasury published a joint discussion paper setting out proposals to help people make more informed investment and pensions decisions. The proposals form part of the joint advice guidance boundary review.
The regulators acknowledge that it can be difficult for consumers to identify when they need support and when they do, their needs are not fully being met. This is referred to as the "advice gap" and three proposals to close it are offered.
General insurance, mortgages and debt advice are outside the scope of the review, as is advising on transferring out of a DB scheme or giving up other safeguarded pension benefits.
Comments are requested by February 28, 2024.
Publication
Unannounced inspections or ‘dawn raids’ are used by antitrust authorities to obtain evidence when there are suspicions that individuals or businesses have infringed the antitrust rules.
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