Transfer request surge sees CETVs back to pre-Covid levels

It comes after June research from the consultant said CETVs were "significantly impacted" in a number of key areas during Covid-19. Barnett Waddingham associate Mark Tinsley said that the number of CETVs paid out on behalf of members has been steady in the last 12 months despite transfer quotes being volatile. "Given the vast majority of these members will have had to take financial advice this is slightly surprising given the well-publicised ban on contingent charging from October 2020 and the reduction in the number of firms now prepared to give defined benefit transfer advice, whic...