Advisers look for certainty as pension transfer flux continues
As the Financial Conduct Authority (FCA) finalises its policy paper on defined benefit (DB) pension transfers, experts hope it will bring some certainty to an industry that has been in a constant state of flux since 2015. Last month the FCA released its eagerly anticipated policy paper on DB pension transfers. One of the biggest take-aways from the paper was the regulators decision to not change its starting assumption that pension transfers are "unsuitable" in most cases. International Adviser spoke to experts from QB Partners, AJ Bell and Montfort International to find out what this starting assumption, and several other key decisions in the paper, mean for the financial services industry. Please link to International Adviser to read the full article by Mark Battersby.