Pension Transfers
Pension transfer red flag warnings hit record high
Rates have now risen for the last four consecutive months
Low-risk pension transfers being ‘needlessly halted’, says Quilter
‘There is a clear divergence between policy intention and the practical application of the law’
70% of pension transfer requests spark scam warning
Current cost of living crisis ‘could lead to members looking to access their benefits’
UK watchdogs wary P&O pension scheme will be British Steel 2.0
They are urging anyone who was made redundant to seek financial advice
British Steel pension transfer advice unsuitable in 47% of cases
Members have lost £18m in redress due to firms entering liquidation