SimplyBiz adds Peterborough-based adviser to pension transfer panel

Fourth firm to join panel

Hannah Godfrey
clock • 1 min read

The SimplyBiz Group has added Peterborough-based advice firm Tuto Money to its defined benefit (DB) transfer referral panel.

The firm is the fourth to join the panel alongside Grove Pension Solutions, Pensionhelp and Creative Wealth Management as part of the group's SimplyRefer proposition - an outsource pension transfer service. Back in November, Professional Adviser reported Smarter Advice, a trading name of Tuto Money, had been advertising its DB transfer service on social media through Facebook since July last year. At the time, former Financial Conduct Authority technical specialist Rory Percival said the firm appeared to be ignoring the regulator's concerns about behavioural science and how people thi...

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