FCA probe slams ETV pension transfer advice

Laura Miller
clock

The Financial Conduct Authority (FCA) has found evidence of poor pension transfer advice with regards to enhance transfer value (ETV) exercises.

A review commissioned by the FCA into financial advice to people who were offered ETVs to incentivise them to leave their employers' defined benefit (DB) pension schemes has identified a risk of cu...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • 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

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Contribution

SPP: Private markets, public good - Why the Mansion House Accord matters

SPP: Private markets, public good - Why the Mansion House Accord matters

Jo Sharples explores the opportunities and challenges the Mansion House Accord presents

Jo Sharples
clock 31 July 2025 • 3 min read
Fidelity FutureWise default reaches £20bn milestone

Fidelity FutureWise default reaches £20bn milestone

Default fund is forecast to grow beyond £40bn in assets by 2030

Jonathan Stapleton
clock 29 July 2025 • 2 min read
Pi Partnership launches DC decumulation report

Pi Partnership launches DC decumulation report

Survey of 12 master trusts sees majority starting to develop decumulation option for members

Jasmine Urquhart
clock 22 July 2025 • 3 min read
Trustpilot