The Financial Services Compensation Scheme's (FSCS) 2018/19 levy, which is due to be published in April, will reflect the growth of claims around DB transfer advice, Mark Neale has said.
The lifeboat fund's chief executive revealed the FSCS was now beginning to receive claims resulting from "bad advice" to cash in defined benefit (DB) pensions. He said the scheme's 2018/19 levies, paid...
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More than half of people over the age of 55 see financial security as a top priority in retirement, yet a third allocate more time to buying a new car, research from Legal & General (L&G) has found.
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