Phil Young: Remembering pension transfer permissions

I suspect there are a few firms making a virtue out of necessity when stating they won't advise clients on occupational pension transfers. Most advisers don't have the regulatory permissions to allow them to advise on these transfers anyway. I checked and, as of 11 March 2015, only 2,755 firms had this permitted activity. Appointed representatives (ARs), who in theory could have the necessary permissions through membership of a network, won't all be allowed to advise on them as they may not have the relevant qualification, or their network won't licence them to do it. Historically, it...