Advisers who have outsourced their pension transfer work to specialists have provided inaccurate information, according to Financial Conduct Authority (FCA) executive director of strategy and competition Christopher Woolard.
In a letter to Work and Pensions Committee chair Frank Field, Woolard (pictured) said the watchdog had seen examples where advice firms without pension transfer qualifications had referred work on to specialists along...
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.
Follows string of appointments
Follows acquisition of BlackRock's DC platform
‘In the know’
£116.8m of benefits received by customers