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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.


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.


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.


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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