A pension scheme trustee has transferred a client's pension despite clear warnings from the adviser this was not their recommendation - a scenario that should provoke a change in the law, according to the Personal Finance Society (PFS).
Money Minder managing director and chartered financial planner Ray Black told PP's sister publication Professional Adviser that a 62-year-old man came to him to obtain his pension transfer value fr...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
