Pension Transfers
Why advisers are being hit with pension transfer delays
It will continue to be a ‘frustrating period’ if a rules review is not complete by the summer of 2023
Just 6% of pension transfers not flagged as scams
With overseas investments continuing to be the most common warning
Best Practice | 22 Aug 22
101 British Steel advice firms hit by emergency asset retention rules
UK regulator believes companies should be planning for a potential redress scheme
Pension transfer business dries up amid interest rate hikes
Values have plummeted making retirees think twice about switching
44% of pension transfer amber flags raised for ‘unknown’ reasons
Money and Pensions Service does ‘not appear to be proactively improving the data they are collecting’