The defined benefit pension transfer market has been rapidly evolving
Simplification of transfers
Think from consumer perspective
Platforms are failing to deliver expected levels of service to advisers in nine out of ten areas, according to Defaqto.
Towry says its decision to offload smaller investors will be replicated by a swathe of other firms as the RDR forces a reassessment of client banks.
Cofunds is calling on the industry and the FSA to cut the delay in transfers between pension products.
Skandia has warned advisers to be cautious when using block transfers to consolidate pension funds, as it could lead to their client losing the right to higher levels of tax free cash.
The decision not to allow transfers in and out of personal accounts could lead to employees being trapped in "high charging, poor value personal pensions", warns the Trades Union Congress.
Paul Thornton has issued a consultation asking whether The Pensions Regulator should work more closely with the Financial Services Authority to cover a gap in regulation of IFAs advising on transfers between occupational pensions schemes.
Pensions A-Day seems such a long time ago and after the subsequent changes of benefits, did not do exactly what it said on the tin.