Aviva joins Quilter and SJP in offering abridged advice on DB transfers

New service

Sophie King
clock • 2 min read

The Aviva Financial Advice service is offering abridged advice support for people who need guidance about their defined benefit (DB) pensions, joining Quilter and SJP.

In recent months, many firms have given up their DB transfer permissions or lost them due to unsuitable advice. Issues with DB transfers specifically have come to the fore with the British Steel saga and now the potential issues facing Rolls Royce pension scheme members. Now, it seems firms are offering support to those who are considering making a transfer before they seek advice. Quilter told Professional Adviser that it had started offering the same advice on 1 October, through its formal DB transfer process. This service is offered through the advice giant's financial planning pen...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

'Mounting anxiety' from Autumn Budget leading to more financial advice enquiries

'Mounting anxiety' from Autumn Budget leading to more financial advice enquiries

Enquiries for financial advice up by nearly a quarter following Budget

Sahar Nazir
clock 11 December 2025 • 1 min read
Pension sharing on divorce: Why professionals need to step up on PSOs 25 years on

Pension sharing on divorce: Why professionals need to step up on PSOs 25 years on

'Pensions still remain the most routinely overlooked asset in divorce'

Joanna Newton
clock 10 December 2025 • 4 min read
FCA plans to ensure liquidity mismatches do not 'threaten financial stability'

FCA plans to ensure liquidity mismatches do not 'threaten financial stability'

Although good practice exists

Alex Sebastian
clock 09 December 2025 • 2 min read