The Financial Services Authority has launched a suitability template on pension switching advice as part of an industry-wide review.
It asks advisers to consider whether the receiving scheme is more expensive than the ceding plan, and to justify a switch if it is, among other guidelines. The template's launch, which relates so...
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
