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" ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Retirement

Retirement confidence dips amid Budget speculation

Retirement confidence dips amid Budget speculation

Confidence is highest among those receiving professional financial advice

Jenna Brown
clock 12 November 2025 • 2 min read
The Great Wealth Transfer: women, wealth and what comes next

The Great Wealth Transfer: women, wealth and what comes next

Sponsored content from WIFA 2025 headline sponsor LV=

LV=
clock 03 November 2025 • 6 min read
Partner Insight: The psychology of retirement

Partner Insight: The psychology of retirement

Bridging the advisers-clients gap: How emotional intelligence can help build deeper trust with clients and better understand their financial goals

James Woodfall, Raise Your El.
clock 15 September 2025 • 1 min read