Tenon told to review four years of pension transfers

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The FSA has ordered RSM Tenon Financial Services to undertake a review of its pension switching business going back almost four years amid concerns about the suitability of advice.

It says the national IFA, fined £700,000 today for advice and sales "failings" relating to Lehman-backed structured products, will need to re-examine business written between 6 April 2006 and 1 Dec...

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