There has been published on the legislation.gov.uk website the Financial Services and Markets Act 2000 (Regulated Activities) (Amendment) (No. 2) Order 2015 (the Order) together with an explanatory memorandum.
The Order creates a new regulated activity, with the creation of article 53E in the Financial Services and Markets Act 2000, concerning the giving of advice on the conversion or transfer of a class of pension benefits, known as safeguarded benefits.
The Order will come into force on 6 April 2015.
View Financial Services and Markets Act 2000 (Regulated Activities) (Amendment) (No. 2) Order 2015, 17 March 2015