Financial advisers are generally in favour of keeping contingent charging on defined benefit (DB) transfers after the FCA floated the idea of banning it, according to research from Aegon.
The pension provider found support was strong for a continuation of some form of contingent charging on DB transfers in order to avoid making the so-called advice gap bigger. More than half (56%) of...
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Partner Insight: The rise in demand for DFM and multi manager solutions has been largely driven by new mandates from the regulator, says James Bampton, head of UK intermediary distribution at Architas