The proposed 'personal recommendation' rule in the regulator's defined benefit (DB) transfer consultation paper "blows out of the water" any potential guidance option for clients looking to exit final salary schemes, according to Hargreaves Lansdown's Nathan Long.
The senior pensions analyst said the proposed Financial Conduct Authority (FCA) requirement for a ‘personal recommendation' before transferring out of a final salary pension scheme meant the adviser would...
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Annual public meeting
Typical retirement client changing
To be heard in early 2021
Today at Westminster Magistrates Court
American-style capital protection barriers largely to blame
Professionals from across personal finance sectors have deemed the potential Royal London and LV= merger to be a “powerful opportunity,” but one that is “bound to be complicated”.
To offer multiple products