Advisers say 'insistent clients' are driving DB transfer rise

Kim Kaveh
clock • 1 min read

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...

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