Pension Transfer – FCA Advice Checker
Back in June 2020, the FCA published an ‘advice checker’ to help consumers assess whether pension transfer advice they had […]
Pension Transfer
Pension Transfer charging
Policy Statement PS 20-06 stated that a firm providing pension transfer advice “… may also not charge less than it […]
Pension Transfers – considering a workplace pension
We recently reviewed a pension transfer report where the client was recommended to transfer out of the defined benefit scheme […]
Consumer Duty – impact on adviser charging
The FCA is devoting a great deal of weight to its upcoming Consumer Duty regulations. These will be finalised in […]
Is now a good time?
The tentative question posed in the heading to this article refers to the vagueness of the rules around when disclosure […]
Pension Transfers and Serious Ill Health Lump Sums
We often see pension transfer cases where the client is in ill health and with this as the primary driver […]
Discounting advice options
A question that pops up from time to time is whether there is a need to discount potential options that […]
Pension transfers – considering life cover
We have seen a very large number of pension transfer suitability reports since the introduction of the pension freedoms that […]
New anti-scam rules for scheme trustees
The rights of pension scheme members to transfer, that were established in the Pensions Act 2015 are no longer absolute […]
Another Pension Transfer Charging Quirk
Policy Statement PS20-06 states: “A firm may set a different level of non-contingent charges if they are not undertaking the […]