Prudential and LV= have become the latest providers to stop their free transfer value analysis (TVAS) report service for advisers in the wake of regulatory concerns these could constitute an inducement.
The two providers have joined Standard Life and Old Mutual Wealth, which said it was "pausing" its service while it looked for a paid alternative, in stopping providing the reports. A spokesperson...
The increase in minimum AE contributions has had little impact on opt-out rates - with cessations after April increasing by less than two percentage points, data from The Pensions Regulator (TPR) shows.
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