1 min read 15 Sep 21
You will no doubt already have your own processes monitoring and focused on doing the right thing for your customers for any defined benefit pension transfers you’re involved in. However, we wanted to share with you a reminder of the information from the FCA on your obligations in this area.
Our SIPP is aimed at medium to long term investment and we offer a wide range of assets with different risk profiles which should always be considered when reviewing suitability of investments for your clients – particularly where they may give up a guarantee like a defined benefit pension.
Lastly, our cash interest rates on the platform are currently very low and also need to be considered when transferring into cash.
The information contained in this page is for professional Financial Adviser use only. If you are a private investor, please visit the Private Investor section or contact your Financial Adviser for more information.
Our updated new firm/new individual user application form, the change we've made to how we communicate corporate action events, and the Third Party Product payment request process.