Advisers disagree with call for contingent fee ban
‘Will just exclude more people’ from advice
Advisers have dismissed a call by MPs to ban contingent charging saying it is not the root problem with pension transfers and would exclude more people from accessing financial advice.
The comments followed the latest report from the Work and Pensions Committee on the British Steel Pension Scheme (BSPS) saga, in which MPs urged the Financial Conduct Authority to ban the use of contingent...
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