Contingent Charging
DB transfer take-up hits six-year low
As market suffers from contingent charging ban
Over 65% of contingent charging DB clients transferred pension
‘Strongest evidence’ of the potential for bias when an adviser gets paid more if transfer goes ahead
UK to ban contingent charging for pension transfers
Mixed response from industry, with some criticising the move as ‘wrong’
Best Practice | 9 Oct 18
Contingent charging should be banned, says ex-FCA director
Mick McAteer believes there is ‘prima facie evidence for harm’ and the regulator was too slow to act
Best Practice | 4 Oct 18
UK regulator shelves contingent charging ban for DB pensions
Industry split as contingent charging likened to commission