The Financial Conduct Authority (FCA) has proposed introducing low-cost 'abridged advice' on potential pension transfers for customers where a pension transfer is likely to be unsuitable.
According to the regulator, abridged advice must be carried out or checked by a pension transfer specialist. It would take in the initial stages of the usual advice process, such as conducting a fact-find...
Edinburgh-based wealth manager has £55m AUA
0.79% all-in cost
Six months' prep time
Searches on Square Mile’s Academy of Funds