Ongoing Financial Services Authority investigations into poor pension switching advice are expected to result in firms paying out more than £150m in redress to customers.
The regulator has ordered 10 firms to review past sales and procedures as part of its clamp-down on unsuitable advice, but it is looking at 22 individual businesses in total. RSM Tenon Financial...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- 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
