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TPR cautions against pension transfers during virus crisis

The Pensions Regulator has warned savers looking to transfer their pension pot during the Covid-19 outbreak that the move is “unlikely” to be in their best long term interests.

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SJP carries out 1 in 10 pension transfers - report

 

Wealth manager St James’s Place was responsible for 10% of all pension transfers analysed by pensions actuarial consultants Lane Clark & Peacock (LCP).

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Advisers quitting pension transfers hits Gold Standard

More than 1,300 financial advisers have signed up to the Pension Transfer Gold Standard in the past 12 months but the number re-registering is set to fall as disillusioned advisers quit the market.

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FCA delays raft of pension rule changes

The FCA has delayed a raft of imminent changes to its pension rules for six months or more in the wake of the Coronavirus outbreak.

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