An advice firm placing defined benefit (DB) transfer adverts on Facebook is accentuating clients' inherent biases towards a large transfer value and goes against what the regulator expects, according to ex-FCA technical specialist Rory Pervical.
Smarter Advice, a trading name of Peterborough-based advice firm Tuto Money, has been advertising its DB transfer service on social media through Facebook since July this year. The adverts click through...
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