Quilter's Lighthouse continues to give DB transfer advice despite FCA investigation
Facing more than 40 complaints
“Lighthouse is still advising on DB transfers and is doing so according to Quilter Financial Planning’s processes and through Quilter Financial Planning’s compliance teams" - Quilter.
Lighthouse Advisory Services, which was bought by Quilter Financial Planning in 2019, is continuing to give defined benefit (DB) transfer advice despite the FCA’s ongoing investigation into its DB work.
In a Friday (5 June) market update, Quilter revealed Lighthouse was one of the 30 firms facing an enforcement investigation, which arose from concerns identified during its ongoing work into DB transfer...
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