DB pension transfer guide only addresses part of the problem
Time limits for processing requests welcomed but it won’t alleviate the pressure on advisers
Time limits for processing requests welcomed but it won’t alleviate the pressure on advisers
Regulator outlines review as industry warns against making life even more difficult for clients
It will ensure all enquirers will ‘benefit from a thorough, impartial, accredited, video training’
DB pension transfers and retirement outcomes review on the agenda for 2019
Drastic cuts to the UK’s lifetime allowance are driving people unknowingly over their tax-free limit
Retirement industry has undergone drastic change since 2013
Transfers dropped 20% in the last quarter of 2018
In 49% of cases members not aware of advice given, fees or transfer schemes
Some organisations have already started working with the government to roll out CDCs
UK to drop the hammer on ‘wilful or reckless’ behaviour by pension schemes?
Brexit takes the top spot for UK IFAs, but what else is keeping them up at night?
Independent review found scarce communication and information left pension scheme members in a vacuum