February 20, 2024 10:30 am London
At our next event Sarah Abraham, head of Pension Redress Services, at First Actuarial will be talking about why IFA’s should plan for pensions transfer redress.
With the British Steel pension redress scheme still rumbling on, and the FCA’s “polluter pays” proposals to digest, pensions transfer redress should be firmly on the agenda for firms that have written defined benefit transfer advice. However, understanding how pensions transfer redress works can be challenging.
In this session, Sarah will explain:
- How pensions transfer redress is calculated
- Recent developments in DB pensions transfer redress
- Why DB pensions transfer redress poses a significant risk for IFAs and why this is a concern for the pensions industry as a whole
- The implications of the FCA’s “polluter pays” proposals
- What firms can do to improve their understanding of pensions transfer redress
Sarah qualified as an actuary in 2006, with a specialism in pensions. She acted as a Scheme Actuary until 2016 at which time she moved in-house to be the corporate actuary for the Co-op Group advising on their staff pension arrangements and pre-paid funeral plans.
We hope you can join us
