Advisers refusing DB transfers 'expose clients to fraud risk'
Clients looking to transfer out of defined benefit (DB) pension schemes could struggle to find willing advisers and providers to facilitate the shift, leaving them at greater risk of falling victim to fraudsters, Neil MacGillivray has warned.
Speaking the the Henry Stewart retirement conference, the head of technical support at James Hay (pictured) said he was concerned clients who do not get what they want from their regulated financial adviser...
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