Pension Transfers
FCA bans two advisers for poor BSPS advice
Resulting in £9,769,550 of pension funds being transferred to riskier defined contribution schemes.
FCA bans two advisers over dishonest pension transfer advice
With the FSCS paying over £19m to former customers
Financial advice company fails
With the FSCS receiving claims relating to the British Steel Pension Scheme
Duo face bans and £1.3m fine over pension transfer advice
They have referred the FCA decision notices to the Upper Tribunal
Pension transfer activity falls to lowest level in five years
As FCA updates guidance on how to support vulnerable clients when providing pension transfer advice