70% of pension firms will accept transfers from insistent clients

September 2015
Money Marketing;9/24/2015, Issue 1502, p24
The article discusses a survey conducted by the Great Britain Financial conduct Authority (FCA) which reveals that 61 percent of 107 pension providers would accept transfers from insistent clients in certain circumstances. It mentions two reasons given by the FCA on why firms are refusing transfers including a transfer was concerned with a defined benefit pension and transfers were not facilitated by an adviser.


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