The Work and Pensions Select Committee (WPC) has called on the FCA to explore the case for setting an upper limit for the amount of a DB transfer fee that can be received via contingent charging.
In a letter to Financial Conduct Authority (FCA) chief executive Andrew Bailey, published today, WPC chair Frank Field suggested the regulator should explore alternative means for addressing "the problem...
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Underperformance still present – for now
15% increase in number of claims paid