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UK pension transfers back under the microscope

UK pension transfers back under the microscope

The UK regulator is planning to take a fresh look at how it calculates levels of redress when unsuitable advice is given on the transfer of defined benefit (DB) pension schemes. While advisers claim it's not just DB schemes that are facing issues, with some defined contribution (DC) pension transfers also proving problematic.

Please link to International Adviser to read the full article by Kirsten Hastings.

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