Pension Transfers
FCA warns IFA over DB transfer advice
Advice given to customers, including members of the British Steel Pension Scheme, was ‘not compliant’
FCA concerned about pension transfer referrals from overseas advisers
Watchdog will consider an enforcement investigation where it suspects ‘serious misconduct’
DB pension transfer values rise by 4%
As activity falls to lowest level since September
Advice business declared in default
UK lifeboat scheme has received one claim against the company related to pension transfers
DB pension transfer values suffer 4% drop
While 92% of cases raised at least one scam warning flag in February