Revealed: More than 1,000 firms varied pension transfer permissions in 2018 and 2019
Freedom of information request
More than 1000 firms have altered or cancelled their defined benefit (DB) pension transfer permissions in the last two years, a freedom of information (FOI) request submitted by Professional Adviser has revealed.
PA's request for information to the FCA revealed in 2019 a total of 411 firms added a limitation to their permissions so they could no longer advise on DB pension transfers. A total 710 firms with...
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