DB pensions
46% drop in UK firms offering DB transfer advice in a year
It is a ‘worrying and very sharp reduction’ as 36% expect to reduce business in the market
40% of advisers forced to hike DB transfer fees
‘Access to affordable pension transfer advice is likely to get far worse for consumers’
Best Practice | 11 Feb 21
What does the future hold for the DB transfer market?
Equilibrium FP partner believes an inconsistent ‘flow of work’ can leave industry in ‘danger zone’
DB transfer duo faces court action over unsuitable advice
UK regulator secures asset freezing order for up to £7m
Advisers pick apart FCA pension transfer tool
Industry finds fault with regulator’s DB assessment guide after two weeks of trials