LEBC transfer halt 'shows quality of advice is bigger issue than contingent charging'
FCA consulting on contingent charging ban
James Baxter: "I think it highlights that it is not the only issue, and the bigger issue, frankly, is the quality of advice.”
The quality of DB advice has proven to be a bigger issue than contingent charging, Tideway managing partner James Baxter has said after advice giant LEBC stopped its DB transfer work.
On Monday (2 September) Professional Adviser revealed LEBC had stopped offering advice on defined benefit (DB) transfers after a review by the Financial Conduct Authority (FCA). A note from LEBC seen...
More on Your profession
SimplyBiz partners with specialist to support acquisition service
'Received interest from 100 firms'
Quilter Financial Advice School sees Level 6 students graduate in lockdown
Achieved Chartered status
Three things your client may call you about this week ...
Articles from The Times and FT
Chris Budd: The big blocker to meaningful financial planning
Coaching then planning then advice
Richard Fraser: Applying the core values of the Samaritans to vulnerable clients
Contact Samaritans if you need to
Back to Top
More news
SimplyBiz partners with specialist to support acquisition service
'Received interest from 100 firms'
Quilter Financial Advice School sees Level 6 students graduate in lockdown
Achieved Chartered status
Schroders UK Platform Awards postponed
'Until absolutely safe'
FCA eyes 180-day notice period for property fund redemptions
Consults to address 'structural mismatch'
