Keith Richards: Insistent-client transfer advice a concern for profession

With defined benefit (DB) transfers one of the most talked-about areas of financial advice over the last 12 months, it is perhaps unsurprising that this - in combination with the unintended consequences that can come with advising on them - should be a pincipal concern for Keith Richards. After the British Steel pension scheme saga, which saw some businesses accused of offering poor advice to clients to transfer out of their final salary schemes, DB transfers have rarely been far from the minds of advisers - or the regulator - and the Personal Finance Society (PFS) chief fears some advis...