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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PFS welcomes new DB transfers guidance

The Personal Finance Society (PFS) has welcomed the launch of the new DB Transfers Guidance document by PASA.

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Transfer values and activity stabilise in June

Transfer values fell slightly during June 2019, as the number of DB transfers over the month also fell marginally.

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