DB transfer

Boris Johnson would be detrimental to pensions if he becomes prime minister later this month, a majority of Buzz respondents said.

This week's top stories included the Financial Conduct Authority announcing it would carry out further investigations on defined benefit transfers.

The Financial Conduct Authority (FCA) has set priorities for the coming year for its joint action with The Pensions Regulator (TPR), including reviewing whether pension schemes are providing sound information to consumers.

Stephen Lloyd MP has called on the secretary of state for work and pensions to investigate the pensions transfer market and ban contingent charging.

The Financial Conduct Authority (FCA) is to press ahead with its plan to require firms to provide suitability reports for advice against a pension transfer despite concerns over additional advice costs.

The popularity of DB transfers shows no sign of slowing. Charlotte Moore looks at how schemes can adapt their investment strategy to meet this demand

A pension scheme trustee has transferred a client's pension despite clear warnings from the adviser this was not their recommendation - a scenario that should provoke a change in the law, according to the Personal Finance Society (PFS).

Some 90% of schemes have seen an increase in the number of requests from members for transfer values over the last 18 months, according to an Aon study.

Up £2,000 from final 2016 figure

An increased volume of enquiries has led British Airways (BA) Pensions to temporarily suspend transfer values for active members.