The ruling confirmed both acted dishonestly by backdating agreements and offering improper advice, leading to millions in transferred funds. Enforcement chief Therese Chambers welcomed the streamlined approach, set for April 2028, giving firms ample time to update compliance systems. While speculation surrounding Andy Burnham’s upcoming Budget may fuel anxieties, FCA regulatory approvals and due diligence cannot be hurried without risking commercial value. Aviva and Quilter remain advisers’ top platform choicesAviva and Quilter maintain their lead as advisers’ favourite platform choices for early 2026, according to Defaqto’s latest rankings. Floyd calls for an honest industry conversation, warning that consolidation limits tailored options for business owners and international clients requiring bespoke pension administration.