Two out of five advisers have seen an increased number of clients going ahead with defined benefit (DB) transfers despite recommendations against, according to Prudential research.
The survey of 201 advisers by Pollright also found that between March 2016 and March 2017, 51% helped with the transfer even after their recommendation not to was overruled by the insistent client. ...
A panel at this year's Trustee Senate discussed strains in the DB system and what can be done about them. Michael Klimes reports
The pension freedoms have had unintended consequences which should have been foreseen, Michael Johnson has said.
Respondents say there has been some success with automatic enrolment (AE) but members are still not saving enough.
This week's top stories include The Pensions Regulator barring three trusteeships, and the Competition and Markets Authority's investigation of investment consultants and fiduciary managers.