FCA clear it's best to remain in DB scheme - Rory Percival

Speaking at The Great Pensions Debate in Peterborough, the former FCA technical specialist-turned consultant said this "default" position of the regulator was likely to continue.  However, despite recognising the regulator's position, he argued transfers were a financial planning issue, not a regulatory one.  The FCA had its default position, which was to remain in the DB scheme, but this was always subject to an individual's circumstances, he said. "The regulator will look at each individual case on its own merits and judge whether, from a financial planning perspective, that was ...