More than 1,100 advisers have signed up to the Pensions Transfer Gold Standard since its launch five months ago.
The Pensions Advice Taskforce, which has the backing of the Personal Finance Society (PFS), launched the standard in April alongside a consumer guide to help people better understand what to expect from regulated defined benefit (DB) transfer advice. The guide, linked to an adviser code, is based on nine principles underpinning good practice when giving pension transfer advice. Advisers who adopt the code are required to display the Gold Standard badge. Mark Pearson, director of business development for Origen Financial Services, one of the advice business to sign up to the standard, ...
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