This is a question I get asked by many clients that what affects affects benefit transfer Values Should I transfer now or wait for the value to go up in the future? What’s Affecting Understanding Defined Benefit Transfer Values The short answer is that we don’t know. What we do know is that there are…
The FCA is considering the revision of the calculation of redress an entity has to pay in case of unsuitable advice given to a client regarding joining a private pension scheme. According to the officials at the Financial Conduct Authority (FCA), the current methodology that is used to calculate the redress does not provide the…
Defined benefit (DB) pension transfers have been one of the most regulated areas of UK financial advice since the early 2010s. Over the years, there have been repeated calls — from regulators, politicians, and the industry itself — to impose tighter controls, introduce temporary moratoriums, or even ban DB transfers outright. Understanding why these debates…