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Pension experts, including the former Pensions Minister have backed the scrapping of ‘outdated’ guidance on DB transfers, saying that change was “long overdue” and the regulatory framework was “past its sell-by date”.
Half of UK adults think investing in property is the method of saving for retirement that makes the most of their money, according to an Office for National Statistics report.
A proposed shakeup of FCA guidance on DB pensions advice will make transfers ‘harder to justify’ and ‘more demanding’, an adviser firm claims.
The FCA this week revealed plans for changes on DB transfer advice, including scrapping guidance that the adviser should start from the assumption that a transfer will be unsuitable.
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Curtis Banks Group’s communications boss has been added to the board of Suffolk Life after a ten-year stint working for the firm.
Greg Kingston has been appointed in the role of marketing & communications director.
Greg Kingston has been appointed in the role of marketing & communications director.