Financial advisers guide 230,000 DB transfer clients

In the first three and a half years since the Pension Freedoms were introduced in 2015 more than 230,000 members of Defined Benefit schemes have received guidance from a financial adviser.

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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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Pension transfers pass £60bn mark

Information from Defined Benefit pension schemes suggests that well over a third of a million people have transferred over £60bn out of such schemes in the last three years.

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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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