Pension schemes' in-house advisers raise conflict of interest concerns

Growing number of master trusts and DB schemes offering restricted advice

clock • 3 min read
Pension schemes' in-house advisers raise conflict of interest concerns

Financial advisers and pensions experts have raised concerns about defined benefit (DB) schemes and master trusts increasingly appointing restricted advisers or in-house teams who are motivated to keep members on the schemes’ platform, leading to a potential conflict of interest.

Multiple pensions industry insiders and advisers told PP sister title, Professional Adviser they are aware that a growing number of master trusts and DB schemes are offering in-house advice or have...

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