The Financial Conduct Authority deemed fewer than half (47%) of the defined benefit (DB) transfers it reviewed - where the recommendation was to transfer - to be suitable, its latest report has shown.
The regulator reviewed 88 DB transfers after October 2015 and decided 47% were suitable, 17% were unsuitable and the remaining third (36%) were inconclusive. It also considered the suitability of the...
Partner Insight: Dennis Hall, director and CEO of Yellowtail Financial Planning, Julia Dreblow, founder of SRI Financial Services and Frank Potaczek, head of UK proposition at Architas met in London to discuss how they broach the topic of sustainability...
Two-thirds cannot evidence compliance
'Elaborate breach of trust'
'How to buy protection insurance'
As this year has proved