The Financial Conduct Authority (FCA) has revealed it is considering whether to implement a ban on contingent charging for pension transfer advice.
In its consultation paper on ‘Improving the quality of pension transfer advice', the FCA said: "Given the potential harm to consumers, we are considering if it is necessary to intervene in the way charges...
Paul Bruns and Elaine Parkes
3,000 left to transfer
Record numbers of people aged 90 plus
From 3 to 10 October