DB transfer specialist returns to trading after 30-month FCA investigation

£300k in legal fees

clock • 2 min read
DB transfer specialist returns to trading after 30-month FCA investigation
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DB transfer specialist returns to trading after 30-month FCA investigation

It has taken Holistic Pension Transfer Specialists (HPTS) 30 months to return to unrestricted trading after six of its case files were deemed “unclear” by the Financial Conduct Authority (FCA) in November 2019, the firm revealed.

The FCA visited Chesterfield-based defined benefit (DB) transfer specialist firm HPTS in November 2019 and immediately asked it to "voluntarily" withdraw from the market after six files dating betw...

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