InvestmentsFeb 23 2024

Pension transfers: ‘It’s a high hurdle to prove advice was suitable’

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Pension transfers: ‘It’s a high hurdle to prove advice was suitable’ — “Pensions transfers are getting attention here because we know that the FCA isn't massively keen on defined benefit pensions transfer." (Pexels/Andrea Piacquadio)

Sonia Rach

With the Financial Conduct Authority’s proposed “polluter pays” framework, firms will have to plan carefully when it comes to pension transfer redress, which can often be difficult, according to one actuary.

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Pension transfers: ‘It’s a high hurdle to prove advice was suitable’

Read the full story with a free account

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