Retirement
FCA bans adviser in regard to DB pensions transfers
He had advised 422 customers, 183 were BSPS members
Seven out of ten Brits do not include digital legacy in their wills
As half of clients still have not connected a family member to their financial services
40% of DC savers don’t know if their pensions are invested responsibly
With 63% saying they would feel more engaged if their pensions were
3.4m over 75s yet to arrange a Power of Attorney
As older retirees unaware of it’s importance
UK firm declared in default in regard to pension advice
With FSCS receiving 14 claims