SimplyBiz Group has appointed Aviva Financial Advice to its defined benefit (DB) pension transfer referral bureau panel.
The bureau is an outsourcing option for advisers who are either unable to, or choose not to, operate in the DB transfer market, but still want to meet the needs of their clients. Aviva Financial Advice launched an abridged DB advice service in November 2020. SimplyBiz member firms will be able to access both this and the full advice proposition through the bureau. SimplyBiz Group compliance director Gary Kershaw said he expected demand for DB transfer support to grow in 2021 as more firms exit the market. "Policy change and growing consumer interest in pension transfers during 202...
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