CISI DB transfer qualification gains FCA approval

The qualification is already available for registration for candidates holding a Level 4 qualification and Statement of Professional Standing. Candidates will be able to sit the three-hour exam from December 2017, while the CISI workbook to accompany the test can be obtained from now on. Pension transfer activity has soared since the introduction of the pension reforms in 2015.  New estimates published in June found up to £50bn had been taken out of pension transfers since pension freedom. The FCA in June confirmed it was looking into firms that had increased the number of DB trans...