£32.00
This 972-word blog post discusses the Financial Conduct Authority’s (FCA) new measures to reduce the conflict of interest associated with ‘contingent charging’, where an adviser is only paid if they recommend a transfer from a defined benefit pension scheme to a private pension arrangement.
Written on 8 June 2020.
Your purchase gives you rights to publish this blog post on your IFA, financial planner or wealth manager website blog, news or insights page, along with access to the text of the blog post to copy and paste into your blog. You can publish this blog as written or edit it before publishing, and you can post it under your name.
Article Preview:
Advice to transfer from a defined benefit pension scheme to a private pension arrangement has faced regulatory scrutiny in recent years.
Now, in their latest missive, the Financial Conduct Authority (FCA) has revealed a package of measures designed to address market weaknesses further.
The measures include an attempt to reduce the conflict of interest associated with ‘contingent charging’, where an adviser is only paid if they recommend a transfer.
© 2020 · Bamford Media Ltd.
