DB transfers face transfer validation challenge following FCA register overhaul

clock • 4 min read

The year-long gap between advisers falling off the FCA register and being included on the new directory could raise significant challenges for advised defined benefit (DB) pension transfers for a 12-month period.

Last week the Financial Conduct Authority (FCA) revealed there would be a 12-month period between December 2019 and December 2020 when advisers will not be searchable on any regulated public regist...

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