PFS challenges 'alarming' FCA DB transfer data

The Personal Finance Society has challenged the FCA’s recent DB transfer data and has welcomed what it calls the regulator’s acknowledgement of the limitations of the data.

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600 firms back Gold Standard for DB transfers

More than 600 firms have signed up in the first six weeks to support the PFS’s new Pension Transfer Gold Standard designed to improve best practice in Defined Benefit transfers.

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CDCs will be limited to 0.75% charge cap

The DWP has detailed its plans today for a new occupational pension scheme - with promises that members using the Collective Defined Contribution (CDC) schemes will be ‘protected’ from excessive fees by a 0.75% charge cap.

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MPs demand contingent fees ban and slam 'dubious advisers'

The FCA should ban contingent fees on DB transfers and establish an easy-to-use online register of advice firms, MPs have demanded.

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