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Understanding the FCA changes to pension transfer rules

The FCA has begun consulting on changes to its requirements around advice on pension transfers where clients have safeguarded benefits; in particular, defined benefit transfers. The proposals seek to recognise that the economic and legislative environment has changed significantly. If you are active in this market, you can contribute by completing the online response form […]

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  1. Robert Milligan 25th July 2017 at 6:16 pm

    The above questionnaires is offensive , if you put SJP in with the Sandringham brand then no wonder the public are confused, SJP are “Tied Agents” how on earth can you explain away the Bid & Offer Spread, this whole subject has been obfuscation from day one, If your remuneration is supplemented by the Regulated Principal Firm and the Fee is not explicit and your proposition is also supported by the AMC’s of the funds recommended, how dare you say your not an IFA but restricted your are neither.

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