FSCS data has revealed DB transfer-related pay-outs have doubled in the last two years although Royal London director of policy Steve Webb has argued this offers limited insight into the quality of more recent financial advice.
Pay-outs to those wrongly advised to transfer out of their defined benefit (DB) pension rose to more than £40m last year, data from the Financial Services Compensation Scheme (FSCS) has shown. According...
'Truly making a difference'
Avoidance, evasion and non-compliance
From 6 April 2019
Marcus Brookes appointed CIO