Advised client pension transfer complaints to FCA down in 2020

FOI request

Sophie King
clock
The FCA received fewer complaints from clients of advisers on pension transfers in 2020.
Image:

The FCA received fewer complaints from clients of advisers on pension transfers in 2020.

The number of advised client complaints about pension transfers made to the Financial Conduct Authority (FCA) fell by 5% in 2020 compared to the previous year, Professional Adviser can reveal.

In a Freedom of Information (FOI) request submitted by Professional Adviser, the financial watchdog revealed it received 64 complaints from clients of advisers who were dissatisfied with the pensio...

To continue reading this article...

Join Professional Adviser

 

  • Unlimited access to real-time news, industry insights and market intelligence.
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters.
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection.
  • Members-only access to the editor’s weekly Friday commentary
  • 
 Be the first to hear about our events and awards programmes.

Join

 

Already a Professional Adviser member?

Login

More on Your profession

£90m of Arena Wealth's investment management assets will move to Evelyn Partners.

Evelyn Partners adds £90m AUM in Arena Wealth acquisition

Sports and entertainment

clock 22 September 2022 • 1 min read
Radiant Financial snaps up three more IFAs

Radiant Financial snaps up three more IFAs

Consolidator completes fifth acquisition in 2022 as AUA hits £1.3bn

Julia Bahr
clock 22 September 2022 • 3 min read
Former CII CEO Sian Fisher

CII and PFS issue statement over 'recent disagreements'

The bodies plan to collectively update members from next year

clock 20 September 2022 • 1 min read