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Providers mandate advice on internal pension transfers

Providers are demanding customers take advice before transferring from old to modern schemes to access the new pension freedoms. Advisers are already being used by the Government as a defence against people making poor retirement decisions. The Government has said people must take advice before transferring out of defined benefit schemes. An FCA consultation published […]

Out of context: Friends Life

Out of context

“I don’t know, I just press the button” A Friends Life press officer can offer no details following a press release announcing the provider’s advice tie-up with Foster Denovo. “Building straw houses isn’t tried and tested because something might huff and puff” Association of Mortgage Intermediaries chief executive Rob Sinclair opens the door to a fairytale […]

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