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DB pensions

FCA issues warning over poor DB pension transfer advice

Tax & Regulation | 7 Feb 17

FCA issues warning over poor DB pension transfer advice

The UK’s Financial Conduct Authority has issued a warning notice to an unnamed individual for poor advice given to more than 700 members of defined benefit (DB) schemes that left them at “serious risk of unsuitable outcomes”.

More pain for UK expat retirees as BoE cuts rates

Best Practice | 4 Aug 16

More pain for UK expat retirees as BoE cuts rates

The Bank of England (BoE) has cut interest rates by half to 0.25%, adding more pain to pension savers already hit by years of low returns.

UK pension transfers back under the microscope

Retirement | 4 Aug 16

UK pension transfers back under the microscope

The UK regulator is planning to take a fresh look at how it calculates levels of redress when unsuitable advice is given on the transfer of defined benefit (DB) pension schemes. While advisers claim it’s not just DB schemes that are facing issues, with some defined contribution (DC) pension transfers also proving problematic.

Damning BHS report highlights need for DB pension reform

Best Practice | 25 Jul 16

Damning BHS report highlights need for DB pension reform

The collapse of British department store group BHS was due largely to “systematic plunder” by its former owners, but raises ongoing concerns over the future of company pension schemes which need to be tackled soon, according to a UK parliamentary inquiry.

Standard Life offers DB to DC support for advisers

Best Practice | 15 Jul 16

Standard Life offers DB to DC support for advisers

Standard Life is launching a suite of materials to offer more support to advisers in the defined benefit (DB) to defined contribution (DC) transfer space.

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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.