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FCA confirms DB transfer redress guidance review

The Financial Conduct Authority (FCA) has confirmed that it will start a periodic review of pension transfers redress guidance by the end of 2021.

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DB transfer activity rises for third month - XPS

Defined benefit transfer activity increased in June for the third month in a row to high the highest levels seen since July 2020.

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Transfers slump as contingent charge ban bites

The ban on contingent charging and the pandemic have resulted in a major slump in pension transfers, according to new research. 

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68% of contingent charge DB transfers went ahead

Nearly 70% of DB transfers went ahead when contingent charging was used compared to less than 28% when non-contingent charging was applied, according to a Freedom of Information request.

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