The Pensions Advice Taskforce has launched a new Pension Transfer Gold Standard aimed at helping customers identify good defined benefit transfer advice. The Gold Standard is a voluntary code of good practice for safeguarded and defined benefit pension transfer advice, based around a set of principles.
Eligible firms can adopt and promote this standard and principles, so consumers can better understand and find good advice, and be confident they are dealing with a firm that is going beyond minimum requirements when giving financial advice.
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