Trustees told to step up as FCA contingent charging ban takes effect

Hope William-Smith
clock • 2 min read

Trustees are set to have an increased duty of care to ensure employees and members make informed choices when accessing their pension, according to Wealth At Work.

The financial education provider said the Financial Conduct Authority's ban on the use of contingent charging for defined benefit (DB) transfers will see schemes and trustees take more of the load ...

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