PFS-backed taskforce to launch consumer DB transfer guide

The taskforce was established by the Personal Finance Society (PFS) and the guide will be linked to an adviser code, which will be based on nine principles underpinning good practice when giving pension transfer advice. The guide will be called the pension transfers ‘Gold Standard' and advisers who adopt the code will be required the display the Gold Standard badge. The Pensions Advice Taskforce is an industry-wide representative body designed to enhance consumer awareness and protection in areas of complex pension advice. It also aims to align standards across the industry and, ultimate...