Let clients pay for DB transfer advice with pension - Steve Webb
Already an option for DC
A potential solution to the contingent charging dilemma would be to allow clients to pay for DB transfer advice from their final salary schemes, Royal London director of policy Steve Webb has argued.
The former pensions minister said potential clients could be put off seeking defined benefit (DB) transfer advice in a non-contingent model by having to find upfront cash to pay an adviser. He argued his...
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