Defined benefit (DB) transfer activity has "passed the peak point" after the market dropped some 20% in six months, according to the latest data from the Office for National Statistics (ONS).
According to the data, the pension transfer market dropped from £8bn in Q2 2018 to £6.3bn in Q4, representing a drop of 20%. AJ Bell senior analyst Tom Selby said the findings could suggest we have...
View from the front row
Project Libra unveiled
Including SJP and investment trusts
Spent two years at Sanlam
Will also assess FCA's actions