If you are having difficulties understanding and completing the new RDR Adviser Charging and Consultancy Charging (sections K and L) of RMAR, ATEB has produced guides available to all clients and E-Compliance members.
The data to be input is not straightforward and so you need to ensure that firstly you understand the definitions and secondly, are able to record and reproduce the data without too much difficulty.
ATEB’s guides decipher FCA speak into plainer English with the use of practical examples.
Reasons for recommending a transfer or switch that are open to challenge
Alistair MacDougall Compliance 2017, DB Pension, FCA, Pension, Pension Transfer, PI, Switch
CP19/25 highlighted some commonly used reasons to transfer/switch that often do not stand up to close scrutiny.