21 Jul 2022
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Written evidence
linked
In direct response to the 2015 Act, the FCA announced a new starting position for advisers who should assume that in most cases a transfer will be unsuitable.63 Subsequently in 2017, the FCA sought to align itself with the government’s underlying philosophy of choice within pensions policy and consulted on removing its starting position, which created further confusion within the advice market.64 Within the BSPS case, the British Steel Adviser Group has highlighted the inconsistent nature of ...
In direct response to the 2015 Act, the FCA announced a new starting position for advisers who should assume that in most cases a transfer will be unsuitable.63 Subsequently in 2017, the FCA sought to align itself with the government’s …