DB transfers

Displaying items by tag: DB transfers

Thursday, 10 May 2018 11:28

PFS proposes Government levy solution to FSCS funding

The Personal Finance Society wants the Government to impose a ‘seven basis points’ levy on funds under management per year as a solution to FSCS funding problems.

Published in Articles

Tagged under

Monday, 26 March 2018 12:59

FCA consider contingent charging ban for DB transfers

The Financial Conduct Authority has today proposed a ban on contingent charging on pension transfers and reaffirmed its view that DB transfers should be considered unsuitable unless there is a good reason to transfer.

Published in Articles

Tagged under

Friday, 13 October 2017 08:37

Sipp provider warns of growth in 'insistent' transfer clients

Financial advisers say they are experiencing an increase in insistent clients disagreeing with their recommendations on defined benefit pension transfers.

Published in Articles

Tagged under

Thursday, 03 August 2017 10:34

Standard Life says Partial DB option is a must

Standard Life has called for the partial transfer option to be a mandatory part of DB transfer advice.

Published in Articles

Tagged under

Wednesday, 26 July 2017 10:47

Mike Morrison: FCA DB transfer plans fail to cover contingent charging

Mike Morrison Head of Platform Technical, AJ Bell

I have just finished AJ Bell’s annual tour of the UK where a host of lucky advisers got to hear me talk about the current key pension issues.

Published in Comment and Blogs

Tagged under

Thursday, 20 July 2017 10:22

FCA fines compliance officer over 500 DB transfers

The FCA has fined a compliance oversight officer for pension transfer failings after about 500 customers with pensions worth £12.7million were advised to move from a DB to DC scheme.

Published in Articles

Tagged under

Wednesday, 28 June 2017 12:11

DB transfer attitude ‘outdated, past sell-by date’

Pension experts, including the former Pensions Minister have backed the scrapping of ‘outdated’ guidance on DB transfers, saying that change was “long overdue” and the regulatory framework was “past its sell-by date”.

Published in Articles

Tagged under

Monday, 24 April 2017 12:10