Almost half (44%) of advisers have seen an increase in insistent clients wanting to push ahead with defined benefit (DB) pension transfers despite their initial recommendation to keep their safeguarded benefits, according to research by Prudential.
Although initially against the idea of transferring, around half (51%) of those with insistent clients said they had still helped with the transfer after the client disagreed with their recommendation....
What’s right – not what sells
Richards fires back at committee report
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Invested from 2006-2011
Increase in lasting power of attorney fraud