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Failed pension transfers rising due to IFA ignorance

Failed pension transfers rising due to IFA ignorance

The number of pension transfers being rejected by providers is increasing as financial advisers are unaware of the permissions they need to authorise transactions, according to a retirement planning specialist. UK-based Age Partnership warned that more clients are approaching the business on the back of failed transactions through IFAs who do not have the appropriate permissions in place.Please link to International Adviser to read the full article by Katherine Denham.

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