From firms behaving badly to more firms behaving badly… here’s PA’s 10 best read articles of 2019.
9. Mercer under fire again after asking for £280k transferred pension pot back Investment consultancy and human resources giant Mercer came under fire this year after being accused of allowing an advised client to transfer part of their pension before asking for it back. An adviser who asked not to be named was working with a couple, both 55, who wanted to retire. The husband had the largest pension pot, which would only become available to the couple in five years' time at 60, so the adviser requested a partial transfer of the clients defined contribution and defined benefit scheme. ...
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