PFS-backed taskforce to launch consumer DB transfer guide

Based on nine principles

Hannah Godfrey
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Keith Richards: "The Gold Standard will allow advisers to align with initial guidance provided by Pension Wise and included with initial valuations from scheme trustees."
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Keith Richards: "The Gold Standard will allow advisers to align with initial guidance provided by Pension Wise and included with initial valuations from scheme trustees."

The Pensions Advice Taskforce is to launch a consumer guide for defined benefit (DB) transfers as part of a sector-wide collaboration to help the public understand what to expect from professional financial advice.

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...

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