The Financial Conduct Authority (FCA) has issued a stark warning to firms operating in the DB transfer arena after gathering evidence that suggests incompetence in this part of the advice market.
On Thursday (6 December) the FCA revealed its latest findings on its multi-firm supervisory work on pension transfer advice, which it has been carrying out since 2015. In 2018 it collected information...
Freedom of information request
Lane Clark & Peacock partner Steve Webb has called on the treasury to relax rules which could act as a barrier to people aiming to rebuild their pension pots when the Covid-19 crisis is over.
Market volatility means inaccurate CETVs
Nearly £1m lost already
'Final piece in the puzzle'
Meets increasing demand
Latest purchase adds £382m FUM