Standard Life has decided to stop its free transfer value analysis (TVAS) reports for advisers in the wake of regulatory concerns these could constitute an inducement.
A Standard Life spokesperson said: "The FCA's policy paper on defined benefit (DB) to defined contribution transfers makes it very clear there is a need for a change of approach with regard to the provision...
Paul Bruns and Elaine Parkes
3,000 left to transfer
Record numbers of people aged 90 plus
From 3 to 10 October