UK - IFAs not regulated for pension transfer work will be able to pass on this work in return for a fee by using a new service.
O&M Financial Services claims that its service, Transfer Adviser, makes transfer work simpler, less costly and safer.
O&M director Graham Miller said: “We take away the PI risk from the adviser, it does not involve any fees and offers 55% of the commission if a transfer is successful.”
AMP Capital has set up a dedicated team to help institutional investors, including pension funds, invest in infrastructure through direct equity allocations.
The PLSA's Richard Butcher says we should all work harder to reconnect with the saver, be open with them and tell them the truth
Trustees lack expertise, time and resources to develop effective communications on technical pensions issues and need professional help, a major review of the British Steel saga has concluded.