'DB transfer advisers made to look like drug dealers' - Tideway

Tideway Investment Group head of private clients James Baxter suggested the press make defined benefit (DB) transfer advisers look bad, likening the media's portrayal of those giving advice on DB transfers to drug dealers. Speaking at the Personal Finance Society (PFS) Future Proof conference in Birmingham on Thursday (28 November), Baxter emphasised the economic benefit for clients who go through with DB transfers, but said the way the media portrays advisers in the DB world gives them a bad name. He said: "Unfortunately, the way [DB transfers] gets told, when the press gets hold of ...