FCA launches High Court battle against DB transfer adviser

The FCA has commenced civil proceeding in the High Court against Paul Steel for providing unsuitable defined benefit pension transfer advice.

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DB transfers contingent charging ban comes into force

The Financial Conduct Authority ban on contingent charging on DB pension transfer advice comes into force today.

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DB transfer values fall to pre-lockdown levels

DB transfer values fell from July’s record-high to levels similar to pre-lockdown in August, while the number of members asking for a transfer value also declined, according to a new report.

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DB transfers reach another record high

Defined benefit transfer values increased to another record high during July, according to a new report.

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