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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AJ Bell defends pension transfer surge as consumer-driven

The rapid increase in DB transfer values has been the main spur to the rise in transfers and not greedy advisers seeking contingent charging fees, says AJ Bell.

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FCA sets out plans for contingent charging ban

The FCA has set out plans to ban advisers from contingent charging based on a positive recommendation to transfer out of a defined benefit scheme.

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