FCA's system error on DB transfer survey raises questions over data accuracy

320 could be affected

Hannah Godfrey
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FCA's system error on DB transfer survey raises questions over data accuracy

A system error in the Financial Conduct Authority’s marketwide survey on defined benefit (DB) transfers could have produced inaccurate results for some respondents, Professional Adviser can reveal.

PA can reveal the error could have affected around 320 of the advice firms who took part in the FCA's survey. The issue with the survey centred on question 5d: "How many clients discussed a DB pens...

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