Looking forward to a more robust pensions industry

As the industry gets to grips with the findings of the FSA's thematic review into pensions transfers it is clear there are some hard lessons to be learned. Pensions transfer activity has been high since A-Day as people look to consolidate their pension assets and look to their advisers to point them in the right direction. However, the recent review has shown that in many cases this is not happening. The review has highlighted many, often basic failings in the advice being given. The FSA reviewed 500 cases across 30 advisory firms. In a quarter of these firms roughly one third of their ...