Defining Broken Transfers: Is the advice profession heading towards a mis-selling scandal?

While the problems with unscrupulous and unsuitable advice around the British Steel Pension Scheme saga pushed defined benefit transfers into the spotlight - and briefly into the national conversation - there is the feeling among many that DB transfers could evolve into a much bigger problem for the advice profession. There have been high-profile mis-selling scandals across financial services for decades - the PPI saga, led by banks, has crowded TVs with nagging claim adverts for years, while the personal pension mis-selling of 30 years ago lives ripe in the memory for some. When claims management...