The total number of people transferring away from pensions has fallen for the first time since 2016, according to figures from the ONS, with advisers quitting the market flagged as one possible cause.
The total value of pension transfers dropped from £10.6bn in the first three months of 2018 to £8.2bn in the second quarter - a decrease of nearly 23%. In total, almost £80bn of pension transfers have...
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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