Transcription of A practical guide to Pension Transfers from defined ...
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A practical guide to Pension Transfers from defined ...
1A practical guide to Pension Transfers from defined benefit to defined contributionMAY 2018 Good Practice GuideForeword 3 Advice Requirements 4 Adviser Good Practice 8 Future Focus 12 Appendix The rules and regulatory 13 source materialThis April 2018 update replaces the earlier Good Practice guide of the same name first published in February paper is in response to member s requests to provide a summary of good practice within one source document and is based upon the Personal Finance Society s understanding of the regulators rules and current stance. Whilst a summary, it is not intended to be exhaustive and should not be relied upon at the exclusion of other sources of benefit Pension transfer advice continues to be a key area of focus for the FCA, government and indeed consumer media.
3 Defined benefit pension transfer advice continues to be a key area of focus for the FCA, government and indeed consumer media. In most cases, transferring pension benefits out
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