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Tag Archives: contingent charging
Pensions as usual; day 2 without contingent charging – pensions as usual
Day one of life without contingent charging was marked with some pretty extraordinary articles, none more so than this nonsense. Contingent charging ban ‘the end of pension freedom in all but name’ – TLT https://t.co/ZQlGBZ0DvH This is total … Continue reading
The FCA bans contingent charging on transfers – 7,700 steelmen to be written to
Here is the decision taken by the FCA on how advice is charged for on DB transfers. It is precisely the position that I had hoped for and will ensure that DB schemes will continue to provide pensions to many … Continue reading
Posted in advice gap, BSPS, pensions, trustee
Tagged British Steel, BSPS, contingent charging, pensions, Trsnsfers
1 Comment
It is time to ban contingent charging on DB transfers.
The argument for contingent charging (in abstract) The best case for contingent charging appears on this blog and it’s made by Pete Doherty, Managing Partner and CIO of Tideway. I published this blog to provide balance and to create debate. This is … Continue reading
Posted in pensions
Tagged Action, CETV, contingent charging, contingent fees, enforcement, pensions, Tideway, transfers
4 Comments
Contingent charging will sink DB transfers
IFAs who persist in conveyor belt transfers based on contingent charging will kill the transfer market. Why people are taking a punt if they pay on the never-never. The FCA have made it clear that to transfer out of … Continue reading
Posted in advice gap, BSPS, pensions
Tagged contingent charging, DB transfers, pensions, pricing, transfers
3 Comments