Andy Thompson: FCA's balancing act on pension transfer advice

Minding the advice gap

Andy Thompson: "Outsourcing has its place but we may start to see a substantial decline of two-adviser models when it comes to pension transfer advice."
Andy Thompson: "Outsourcing has its place but we may start to see a substantial decline of two-adviser models when it comes to pension transfer advice."
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All things considered, writes Andy Thompson, the FCA's policy statement on pension transfer advice brings a sensible tone and package of solutions to key issues within a hugely important area of advice

Nervousness over pension transfers has understandably reached fever pitch over the past year. In this area of advice, the Financial Conduct Authority (FCA) is in an unenviable position of gathering polarising...

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