FCA widens DB transfer survey to all pension transfer advisers

Last month Professional Adviser revealed the long-anticipated questionnaire had been sent to several firms in Scotland as part of a pilot request from the regulator. PA understands feedback during the pilot was mostly positive, with all firms involved saying the data requested was easy to access. The questionnaire has since been sent out to the wider market of those that hold pension transfer permissions. The survey included questions on how many clients the firm has advised to transfer their DB pension, the average transfer value, and how many clients discussed a transfer but not did pr...