Financial advisers (IFAs) will be wary of helping members transfer from defined benefit (DB) to defined contribution (DC) arrangements due to fears they will be accused of mis-selling, warn consultants.
Speaking at Pensions & Benefits UK Barnett Waddingham head of pensions research Tyron Potts said the gravity of advising on transfers was not lost on IFAs. The fact there was no going back once ...
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