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.”
The Pensions Regulator (TPR) and Labour MP Stephen Kinnock and will listen to the experiences of steelworkers when transferring their pensions away from the British Steel Pension Scheme (BSPS) next week in Port Talbot.
Just Group has acquired a 75% stake in the holding company of Corinthian Pension Consulting in a bid to strengthen its professional defined benefit (DB) advisory services.
The Pensions Regulator (TPR) has exercised its production order power under the Proceeds of Crime Act 2002 for the very first time as part of a fraud investigation.
The ITN Limited Pension Scheme has named Trafalgar House as its administrator for an initial term of five years.