Social media promoted pension transfers on regulator's radar

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Social media promoted pension transfers on regulator's radar

International Investment asked a seasoned industry expert to spell out the key takeaways from the Financial Conduct Authority's just published final guidance for financial advisers setting out how they should provide advice on defined benefit (DB) pension transfers. David White, managing director of Isle of Man-based QB Partners, picks out the surprising ignorance of the FCA about the cost of professional indemnity (PI) cover, its bid to clamp down on inappropriate promotion of pension tra...

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