FCA delays pension transfer specialist qualification rules to October 2021
Delayed by 12 months
The Financial Conduct Authority (FCA) has pushed back the introduction of increased qualifications for pension transfer specialists (PTS) by 12 months due to the Covid-19 crisis among other regulation delays.
The new rules were formed as part of the FCA's work on improving the quality of pension transfer advice and centred on defined benefit (DB) transfer advice. In its policy statement PS18/20, published...
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