Tideway stops DB pension transfer business
Follows prior FCA intervention
Tideway head of private clients James Baxter.
Adviser firm Tideway was told to cease all pension transfer advice business from 3 July 2020, after first being visited by the FCA about its defined benefit (DB) transfer operations in 2017, Professional Adviser can reveal.
According to an update on the firm's Financial Services Register page, from 3 July Tideway has not been allowed to advise on conversion or transfer of pension benefits, nor complete any pipeline business...
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