The Financial Conduct Authority (FCA) has today set out a package of measures designed to address weaknesses across the defined benefit (DB) transfer market. It includes steps to reduce conflicts of interest by banning contingent charging, as well as help for advisers who want to do the right thing and provide good quality advice to their customers.
https://www.fca.org.uk/news/press-re...ransfer-market
https://www.fca.org.uk/news/press-re...ransfer-market