DB pensions
FCA fines advice firm £898K and bans pair over British Steel pension transfers
Firm operated a contingent charging model
All I want for Easter is the findings of the FCA’s thematic review
BNY Mellon’s Richard Parkin sets out his wishes for some clear guidance from the regulator
FCA bans two advisers for poor BSPS advice
Resulting in £9,769,550 of pension funds being transferred to riskier defined contribution schemes.
FSCS levy ‘barrier to growth’ for firms, says PIMFA
As the lifeboat scheme forecasts it to increase to £415m in 2024/25
FCA bans adviser in regard to DB pensions transfers
He had advised 422 customers, 183 were BSPS members