The Financial Conduct Authority (FCA) has "hammered home" the default option when considering transferring a client out of a defined benefit (DB) pension should be to stay with the guaranteed income, Rory Percival has said.
Speaking at The Great Pensions Debate in Peterborough, the former FCA technical specialist-turned consultant said this "default" position of the regulator was likely to continue. However, despite recognising...
… and not just wagging their tax tails
Consultation open until 12 March 2018
'Advisers are waking up'
Investors across the globe have an apparently innate home bias, preferring to invest in companies based in domestic markets rather than looking abroad, says Thomas Wells, Multi-asset Fund Manager at Aviva Investors.
Quarter of retirees in “substantial debt”