Aviva joins Quilter and SJP in offering abridged advice on DB transfers
New service
Like Quilter, Aviva, which hopes the service will help to bridge the advice gap in the UK, will focus on planning and understanding consumer needs at the outset so that they can make an informed decision on whether they need to proceed to full advice.
The Aviva Financial Advice service is offering abridged advice support for people who need guidance about their defined benefit (DB) pensions, joining Quilter and SJP.
In recent months, many firms have given up their DB transfer permissions or lost them due to unsuitable advice. Issues with DB transfers specifically have come to the fore with the British Steel saga and...
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