Pension firm attacks FCA DB transfer review

Pension transfer specialist Tideway has claimed that UK workers could collectively be up to £25bn out of pocket if they are persuaded not to take advantage of final salary transfer offers by negative publicity on DB transfers.

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1 in 3 pension schemes seeking IFA advice for members

XPS Pensions, the pensions administrator, says that 35% of pension schemes have appointed or are considering appointing an IFA to support members.

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LEBC pulls DB transfers after FCA review

National retirement adviser LEBC has given up its DB transfer permissions following an FCA review.

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Editor’s Comment: ‘Evil’ transfers can be right thing to do

There is a common mis-conception that Defined Benefit transfers are the scourge of society, an inherent evil that must be stamped out. This is far from true.

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