Pension Transfers
FCA extends asset retention rules for British Steel advice firms
As it writes Dear CEO letter telling pension providers to comply with information requests
DB transfer values plummet 37% in a year
2022 also saw a large rise in transfers being flagged as showing potential signs of a scam
44% of pension transfer amber flags raised for ‘unknown’ reasons
Quilter calls on the UK government to tackle this issue
Pension transfer activity highest since 2020
After it reached a record low in October 2022
£10m Gibraltar Qrops case gets green light for UK trial
62 investors allege they received ‘unsuitable’ pension transfer advice