Defined benefit (DB) trustees are now required to contact financial advice firms to ensure staff providing advice to members are compliant under new adviser rules before carrying out a transfer exercise.
This was revealed in The Pensions Regulator's (TPR) updated DB to defined contribution (DC) transfers and conversions guidance document, which was amended last week. It also said trustees have the option...
Financial wellbeing strategy launch
Fell into administration this year
Wider reform desperately needed
SIPP claims up 114% year on year
To help meet savings goals
Residential care fees are a hot topic at the moment, says Libby Holding, with increasing media coverage of people who have had all of their life savings and assets swallowed up by care fees in their later years...
Adjustment to value of unquoted assets
Regulator outlines adviser expectations for 2020
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