Only 21% of BSPS transfer advice ‘suitable’ - FCA
- Friday, 05 June 2020
- Articles
The FCA says that 47% of the DB pension transfer advice given to members of the British Steel Pension Scheme was ’unsuitable’ with only 21% ’suitable.’
Read more...Pension transfer quotes plummet by a third
- Wednesday, 13 May 2020
- Articles
The Coronavirus has resulted in a 30% fall in request for pension transfer quotes at one provider - seen as an indicator of future transfer activity.
Read more...STAR initiative searches for new chair as McPhail exits
- Wednesday, 29 April 2020
- Articles
The STAR initiative, the cross-industry group aiming to improve the transfer of pension and investment assets between providers, is to seek a new chairman following the decision by its chairman Tom McPhail of Hargreaves Lansdown to leave the industry.
Read more...SJP carries out 1 in 10 pension transfers - report
- Monday, 27 April 2020
- Articles
Wealth manager St James’s Place was responsible for 10% of all pension transfers analysed by pensions actuarial consultants Lane Clark & Peacock (LCP).
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