Two advisers appeal ban over ‘flawed’ pension transfer advice

The FCA said the pair operated a flawed advice model that put clients’ guaranteed pension benefits at significant risk

It had been hoped the review would set a clear timetable for scaling up contributions

The product is still very tax efficient

75% of consumers, aged over 45, do not have a clear plan for how to take money from their pension

Four in five pension transfers halted by amber flag for unknown or potentially low risk reason

Retirement