FINANCIAL EXAM

Tom has a portfolio of UK shares. What type of risk is Tom LEAST likely to face?

Select one:

• a. Issuer risk.
  
• b. Price risk.
• c. Liquidity risk.
• d. Credit risk. 

The correct answer is d: Credit risk.

2017 FCA review

58% of files in small independent firms were deemed by the FCA in their report in 2017 to have submitted unacceptable disclosure (31% in networks) to their customers.(section 4.6)

Message of the day:
 Make sure you land on the right section of the venn diagram when the FCA follow up review comes later this year.

Welcome to Niel Gavin 

Niel has joined the team at IFAC to help as T&C director.
Niel.gavin@ifac.eu

Niel is particularly experienced in corporate DB pensions.

Brief CV below
A highly experienced professional with extensive board level experience gained over 25 years of strategic consulting and management of Trust Based Pension schemes and associated work.

Previous Positions Held Include:

• Pension Scheme Manager
• National Transfer Specialist
• Pension & Benefits Manager
• Head of Corporate Consulting 
• Global Pension & Benefits Consultancy Associate
• Corporate Team Manager

His CV over the last twenty years includes pension related work at 

• The Pensions Trust 
• The B&CE Pension Scheme 
• Equiniti 
• Land Securities Plc. 
• Oval Pension Solutions 
• Mercer. 
• Barclays Bank Plc. 

And going back further (you get long teeth at IFAC)

• RSM Robson Rhodes – Senior Consultant
• Friends Provident First Call –
• RAF Regiment Officer