DB drama and SIPP spectacles: A year of retirement advice changes

Retirement reloaded

Hannah Godfrey
clock • 5 min read

From DB disaster to PI pandemonium, Hannah Godfrey takes a look back at the biggest stories to impact retirement advice in 2019.

MPs launch inquiry into contingent charging on DB transfer advice Back in early January at the beginning of 2019 - if you can remember that far back - while the rest of us were busy getting over our New Year hangovers, the then-Work and Pensions Committee (WPC) chair Frank Field was busy launching an inquiry into contingent charging on defined benefit (DB) pension transfer advice. Where the Financial Conduct Authority (FCA) appeared reluctant to take a side in the ‘should it be banned?' debate, the WPC chair wasn't nearly as shy, claiming the committee needed to tackle the "vultures" ...

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