The Pensions Advice Taskforce is to launch a new consumer guide for DB pension transfers.

In a Dear CEO letter issued on 22 March to pension providers the FCA appear to imply that the role of a pension provider is now as a gatekeeper for defined benefit transfers. 

New figures have revealed a continued decline in pension transfer volumes across the market.

As the end of the tax year approaches Hargreaves Lansdown has predicted a surge in drawdown cash withdrawals.