Half of financial advisers (50%) have predicted they will do less DB transfer business if the FCA's proposals on banning contingent charging fall into place, Prudential research has found.
Last month (30 July), the Financial Conduct Authority (FCA) expressed concern that too many advisers were delivering poor advice, much of it driven by conflicts of interest in the way they are remunerated....
'People miscalculate how much they need'
Information request by AJ Bell
Could lose 97% of investment
'Document your conversations'