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Advisers look for certainty as pension transfer flux continues

By Mark Battersby, 3 May 18

As the Financial Conduct Authority (FCA) finalises its policy paper on defined benefit (DB) pension transfers, experts hope it will bring some certainty to an industry that has been in a constant state of flux since 2015.

EU regulation overload hindering industry

Last month the FCA released its eagerly anticipated policy paper on DB pension transfers. One of the biggest take-aways from the paper was the regulators decision to not change its starting assumption that pension transfers are “unsuitable” in most cases.

International Adviser spoke to experts from QB Partners, AJ Bell and Montfort International to find out what this starting assumption, and several other key decisions in the paper, mean for the financial services industry.

Click here to read the full story in our latest IA Digital.

Tags: AJ Bell | DB pensions | FCA | QB Partners

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International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.