'British Steel thrust contingent charging into spotlight' - Keith Richards

'Conflicts of interest will always exist'

Hannah Godfrey
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Keith Richards: “We have the opportunity to demonstrate that professional advice itself has evolved to be the product."
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Keith Richards: “We have the opportunity to demonstrate that professional advice itself has evolved to be the product."

A few rogue advisers have thrust contingent charging into the spotlight and banning the charging method is not the answer, Personal Finance Society (PFS) CEO Keith Richards has argued.

Yesterday (7 January) the Work and Pensions Select Committee launched an inquiry into contingent charging on defined benefit (DB) pension transfer advice. In a previous inquiry into pension freedom...

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